Delinquencies have seen a slight increase as the number of delinquent loans rose in November, despite the overall low delinquency rates. Industry experts have been closely monitoring this development, emphasizing the need to address potential risks and maintain a vigilant approach.
– Delinquent loans experienced a rise in November, albeit from a generally low level.
– The overall rate of delinquencies remains relatively low.
– Experts stress the importance of closely monitoring the situation to prevent potential risks.
– Vigilance and proactive measures are needed to ensure continued stability in the mortgage industry.
You can read this full article at: https://www.housingwire.com/articles/mortgage-delinquencies-edged-higher-in-november-ice/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.