GSEs boost foreclosure prevention as forbearances surge
Forbearance and permanent loan modifications rose sharply in October, while delinquency modestly improved, foreclosures increased, and refinance activity grew as rates fell.
Mortgage prepayments hit 3.5-year high as rates fall in October
Softening mortgage rates raised refinance activity, driving prepayments to a three-and-a-half-year high while overall mortgage performance and delinquencies improved.
One in three student loan borrowers risk default as delinquency rates soar
Nearly one in three federal student loan borrowers face the risk of default as delinquency rates reach alarming new heights, highlighting the urgent need for effective repayment strategies.