Distressed

The share who made timely payments inched up for the first time since June of last year.

Private-market loans nudged the total number up during a processing lull, according to Black Knight.

The increase in second-lien residential loans in this category was even more pronounced, according to Standard & Poor’s Dow Jones Indices and Experian.

Completions were the one type of activity tracked by Attom that slowed month-to-month, suggesting catch-up actions related to a pre-pandemic overhang of distressed loans.

The overall number for late payments hasn’t looked this favorable since at least 1999, according to CoreLogic’s December report.

The number of properties in limbo is up 10.3% from the same time last year, according to Attom Data Solutions.

However, while the national average is not too far from its decade-low of 5.4%, the range found in different states varies considerably.

The total percentage of loans that were not delinquent or in foreclosure rose slightly to 94.91% in January.

Recent reports by Standard & Poor’s, Experian and an industry trade group show changes in loan performance and credit over the course of the past month.

An uptick in pandemic-related payment suspensions reflecting new or restarted plan activity previously occurred as the omicron variant spread, but activity has since subsided.