Delinquencies

Delinquencies for loans securing commercial mortgage-backed securities continued to decline, although they are still well above rates for other types of investors, according to the Mortgage Bankers Association.

The 30-day delinquency rate dropped to a low not seen in over a decade in July, but foreclosure starts also increased to a three-month high.

MountainView Financial Solutions is brokering a more than $3 billion package of Fannie Mae and government mortgage servicing rights originated primarily through third-party origination channels.

Late payments on single-family home mortgages improved on a consecutive quarter basis as more recovery from Hurricanes Harvey and Irma took hold, but more potential loan performance concerns lie ahead.

Local delinquencies that rose in Hurricane Harvey's wake are lower than they were right after the storm, but they are still higher than they were a year ago.

Late-payment rates at banks declined in nine out of the 11 consumer loan categories tracked by the American Bankers Association, including credit cards, auto loans and personal loans.

Increased numbers of homeowners in Orlando — and most of Florida — fell behind on mortgage payments late last year, bucking national trends.

Commercial and multifamily fourth-quarter mortgage delinquency rates improved for most investor types compared to one year prior as the U.S. economy continued its recovery.

Incenter Mortgage Advisors is putting up for bid a $712.8 million package of government-sponsored enterprise and Ginnie Mae mortgage servicing rights concentrated in the Southeast.

Delinquencies from Hurricanes Harvey and Irma are starting to subside, even as pre-storm foreclosures that were put on hold resume.