• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Mortgage Delinquency Falls To 4-Year Low, But Remains Historically Elevated

TransUnion said today that the serious mortgage delinquency rate is heading downhill at a quickening pace, however long term delinquencies and the slow process of resolving them are impeding a return to more normal rates.   According to year-end data from the credit reporting company, the rate of serious delinquencies – 60 days or more – fell 14 percent in 2012 compared to 7% in 2010 and 6% in 2011.  By

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Mortgage Servicers Modify 850,000 Loans in 2012: HOPE NOW

HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, has now helped over 7 million homeowners with various foreclosure prevention alternatives since it was founded in 2007 including 6.06 loan modifications and 1.15 million short sales.  The program only began tracking short sales in December 2009. The organization released data for all of 2012 and the fourth quarter today.  For all of 2012 the

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Rob Chrisman: Mortgage jobs; Delinquencies down, sales prices up – what’s going on? AIG & subprime; judicial v. non-judicial states

Rob Chrisman: Mortgage jobs; Delinquencies down, sales prices up – what’s going on? AIG & subprime; judicial v. non-judicial states Here is an interesting note for debt market students: Germany is scheduled today to sell two-year bonds that won’t make set interest payments. The move reflects the safe harbor of German debt while revealing trepidation about the euro zone. There is even talk of German bonds with negative yields. “In these

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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