Leveling Off: Mortgage Delinquencies Continue to Rise but Pace Moderating in October, CoreLogic Reports

IRVINE, Calif.--(BUSINESS WIRE)--CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for October 2020. On a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.4-percentage point increase in the overall delinquency rate compared to October 2019, when it was 3.7%. Notably, serious delinquency is over three times that of October 2019, but down from the previous two months.