Thirty-day mortgage delinquency soared to a two-year high, while serious delinquency climbed to a 19-month high. But foreclosure starts were the fewest since the recession.
Last year finished with 2.743 million U.S. single-family loans that were either at least 30 days delinquent or in the foreclosure inventory.
The non-current count consisted of 2.412 million loans that were at least 30 days past due but not in foreclosure and 331,000 units in the foreclosure pre-sale inventory.
Source: Mortgage Daily