Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor
4.7% of mortgages were delinquent in April 2021, a significant drop from the start of the pandemic
Idaho, Colorado, Utah, Washington and Montana have lowest delinquency rates in U.S.
Purchasers must delay foreclosure for a minimum of 6 months
Commentary: We need a quicker way to clear out inventory
Will early-warning system make homeowners think twice?
RealtyTrac stats show slowdown in foreclosure starts
$3.92B in funds must be allocated by September
Borrowers see median monthly savings of about $519
Real estate brief
Tighter underwriting standards didn't kick in until this year
WaMu, Wells Fargo, National City affected