Leading up to the fiscal cliff in July, financial data firm Black Knight reported the number of serious mortgage delinquencies catapulted to a ten-year high.
The number of homes with mortgage payments past due by 90 days or more rose by 376,000 in July to a total of 2.25 million. Serious mortgage delinquencies have jumped by 1.8 million since July 2019, a decade high, not seen since the last financial crisis.
Mortgage Horror … SOFI, Inc. Published 