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Based on the unpaid principal balance (UPB) of loans, commercial mortgage delinquency rates for each group at the end of the fourth quarter were as follows: Banks and thrifts (90 or more days delinquent or in non-accrual): 0.51 percent, a decrease of 0.02 percentage points from the third quarter of 2017;
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Just 21 percent of Orange County households met that benchmark during the first quarter of 2017, the period covered in CAR’s. assuming a borrower puts 20 percent down on a 30-year, fixed-rate.
Asset quality is stronger than one year ago as 2018 shapes up to be the best year for delinquency since the Great Recession. Credit Union Delinquency Drops 8 Basis Points At Midyear | Credit Unions Sign In To Keep Reading
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About $372 billion in first-lien mortgage were originated in the first quarter of 2017, a decline of 9% from the first quarter of 2016. This marks the lower point since the fourth quarter of 2014.
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