Fannie Delinquencies Reach All-Time High at 5.52%

Loans with excessive prior mortgage delinquencies are not eligible for delivery to Fannie Mae. Excessive prior mortgage delinquency is defined as any mortgage tradeline that has one or more 60-, 90-, 120-, or 150-day delinquency reported within the 12 months prior to the credit report date.

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In its National Foreclosure Report for November, CoreLogic found that all of the typical measures of mortgage distress had dropped. Serious delinquencies, foreclosures in process, and completed foreclosures were all down significantly from their peaks, with serious delinquencies at a 6-year low.

Foreclosures Reach An All Time High. fredwaltz.. were at least one month past due but not in foreclosure. That is a huge increase over last year when the delinquency rate was 6.41 percent, or about one in 15.6 mortgages.. they should back Fannie and push them to allow any/all loans to be.

US HOT STOCKS: Rock of Ages, Fannie Active In Late Trading. Fannie Mae said serious delinquencies on single-family residences rose in February at the smallest rate in more than a year as hopes.

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NAR: Buyer traffic up 29% from a year ago However, first-time home buyers only made up 29% of the January sales market. A healthy figure is considered by the NAR to be 40%. And the average price of a house was $158,800, down 3.7% on a.

Housing Wire – "Fannie Delinquencies Reach All-Time High at 5.52%" (3-31-10) "While serious delinquencies in the Fannie Mae (FNM: 1.05 0.00%) portfolio continue to reach new heights in January, mortgage-backed securitization (MBS) issuance dropped for the second month in a row in February, according to its monthly report.

Fannie Mae issuance drops to lowest level since January 2009 by JON PRIOR Fannie Mae mortgage portfolio continues expansion, up 3.8% in August Fannie Mae serious delinquency rate drops annually for first time since 2007 Fannie Delinquencies Reach All-Time High at 5.52% Fannie Mae July mortgage portfolio up 4.1% from year earlier, prices two-year deal.

Foreclosures Reach All-Time High in Q309: RealtyTrac CMBS delinquencies hit record high in December Jon Prior was a reporter with HousingWire through late 2012.

Foreclosures, delinquencies reach new heights – Blown Mortgage – Foreclosures, delinquencies reach new heights.. The share of loans with one or more payments overdue rose to a seasonally adjusted 6.41 percent of all mortgages, an all-time high, from 6.35 percent in the first quarter.. Fannie Mae HomePath: Are Investors Eligible?.