Calendar-driven effects and fewer hurricane-related delinquencies resulted in a 210,000-loan decline in the number of past-due mortgages 146,000 loans remain delinquent as a result of Hurricanes Harvey and Irma, 132,000 of which are seriously delinquent An early look at January data on the mortgage market in Puerto Rico shows an additional 57,000 loans still delinquent as a result of Hurricane Maria, with 49,000 seriously delinquent Active foreclosures predating the hurricanes, but put on hold after the storms, have begun to revert back to that status as post-hurricane foreclosure moratoria become set to expire As a result, foreclosure starts rose sharply in January, hitting a 12-month high at 62,300 for the month The population of loans in active foreclosure rose 6,000 month-over-month, marking only the second monthly rise in more than five years JACKSONVILLE, Fla., Feb. 23, 2018 — … (more)
