Tag Archives: New York

New York’s Serious Delinquency Rate Exceeds National Average

| August 10, 2013

According to Mortgage Bankers Association data, the rate of new foreclosures in the second quarter of 2013 was 1.07%, a record figure going back to 1979. This was higher than the national average of 0.64%. It was also reported that the Empire State had the third-highest serious delinquency rate in the nation with 9.2%, followed […]

Mortgage Delinquencies Continue to Decline; New York’s Still Remains High

| September 24, 2012

Today, Lender Processing Services, Inc. released its “first look” report which showed that the delinquency rate for the month of August fell 2.3 percent compared to July. In addition, the August delinquency rate was 10.6 percent below levels from 12 months ago, according to the report. These statistics were derived from Lender Processing Services’ loan-level […]