REACH THE RIGHT SOLUTION AT THE RIGHT TIME!
Contact NMSI
Welcome to Nationwide Management Services, Inc. Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
CONTACT US
 

Closer Look at April’s Historic Delinquencies; Rates Start Strong; Will Fed Save Bonds?

Closer Look at April’s Historic Delinquencies; Rates Start Strong; Will Fed Save Bonds?

Black Knight says that only three months after the national delinquency rate hit a record low, falling 1.5 percentage point below its pre-Great Recession average in January, it skyrocketed to 6.45 percent. This is a 3.1 percent change in April alone, the largest single-month increase on record and nearly triple the previous record , a November 2008 surge. During the Great Recession it took two years for the delinquency rate to increase this much and the company says it could climb still higher when the May numbers come in. Each of the 100 largest metro areas saw at least a 1-point increase in its delinquency rate, but there was a lot of variation. Non-current loans jumped by 7.2 percent in Miami and 6.2 percent in Las Vegas, each twice the national gain. Many of the increases in Midwest areas
No Comments

Sorry, the comment form is closed at this time.