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Mortgage losses surge at fastest pace since financial crisis

Mortgage losses are growing at the fastest rate since the financial crisis as families struggle to keep up with rapidly rising interest rates. ....

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2022 originations make up 60% of underwater mortgages: Black Knight

Home prices dropped again on a monthly basis in October, exacerbating the loss in home equity among recent buyers, but the size of the falloff was the smallest since June. ....

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Housing Crash: Repeat of 2008 Default Crisis Is Unlikely, Goldman Says

"Our analysis suggests that a surge in delinquency rates is unlikely over the next year," Goldman Sachs said in a note. ....

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Redefaults of COVID-era delinquent loans rise to 12%

The Federal Reserve Bank of Philadelphia also found that interest rate spikes are preventing modification programs from effectively reducing principal and interest payments as originally intended. ....

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Hurricane Ian's damage to Florida homes could total $258.5B

Over 1 million single-family and multifamily homes along the coast are at risk of storm surge damage. ....

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