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Foreclosures, Inventories Move Higher as Hurricane Moratorium Ends

(Mortgage News Daily) - 4 months, 2 weeks ago
 Posted To: MND NewsWireThe effects of last summer's hurricanes, while fading from their early impact on loan performance stats, are still being felt. Black Knight reports, in its "First Look" at January data, that past due mortgages nationwide declined by 8.6 percent or 210,000 loans when compared to December but are still 1.3 percent higher than in January 2017. The U.S. delinquency rate in January was 4.41 percent including all past due loans not yet in foreclosure. Hurricanes H...
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