Loading...

HELOC delinquency rate falls below 1 percent

by admin 0 min read October 26, 2012

During Q2 of 2012, home equity line of credit (HELOC) delinquency rates were the lowest in recent years. The delinquency rate fell below 1 percent for all performance categories: 30 to 59 days past due (DPD) fell to 0.88 percent; 60 to 89 DPD was at 0.42 percent and 90 to 180 DPD was at 0.99 percent.

Source: Experian-Oliver Wyman Market Intelligence Reports.

Related Posts

Fraudsters have evolved their techniques to capitalize on homeowners and lenders by shifting their focus from home purchases to HELOC fraud.

by Alex Lvoff 0 min read September 27, 2023

Student loan borrowers may face new challenges and fears once payments resume. Learn about the implications and how loan servicers and lenders can respond.

by Theresa Nguyen 0 min read June 20, 2023

As the market has shifted, effective cost management is a top priority. Learn the benefits of creating a multichannel mortgage marketing strategy.

by Susan Allen 0 min read December 22, 2022