Mortgage Delinquencies Soar To Decade High .… Looking Back To The Last Recession … National Mortgage Order Mills Cutting Inspection Fees By One Dollar Could Increase Their MONTHLY Inspection Revenue By One Million Dollars … And More … Do The Math

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.

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