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Home » Store » Servicing » Delinquencies Increase in Second Quarter, Servicers Grapple with Regulatory Issues

Delinquencies Increase in Second Quarter, Servicers Grapple with Regulatory Issues

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Servicing

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Mortgage delinquencies increased slightly in the second quarter of 2014 compared with the previous quarter, according to the Inside Mortgage Finance Large Servicer Delinquency Index. However, delinquency rates adjusted for seasonal factors showed a decline from the first three months of the year, and the unadjusted rate was down from a year. The total delinquency rate for 23 large servicers, with no seasonal adjustment, hit 6.59 percent at the end of the second quarter, up from 6.52 percent the previous quarter but down from 7.33 percent in the second quarter of 2013. “We have returned...[Includes one data chart]
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