According to an article written by Jann Swanson for MortgageNewDaily.com “The number of non-current loans has declined in every stage. Loans that were in the early delinquency, 30 to 59 days past due, represented 1.2 percent of loans in November, down from 1.4 percent the prior November and the rate of those 60 to 89 days delinquent was slashed in half, to 0.3 percent. Serious delinquencies, loans 90 days or more past due, including loans in foreclosure, which reached a high of 4.3 percent in August 2020, are now at a 2.0 percent rate, again only slightly more than half the rate a year earlier.”
The article includes a lot of details about the pre-pandemic delinquency levels. You can read the full article here:
Delinquencies Finally Drop to Pre-Pandemic Levels as Incomes Grow
Do you need document notary services? The professional team of mobile notaries at Notary Near You strive to make it as easy as possible to have documents notarized by traveling to the client where ever in the nation they might be!
Contact us for all of your notary needs! 877-395-2650 Toll Free OR email: [email protected]
