U.S. home loan delinquency rates expected to quadruple post Covid-19

Delinquency and foreclosure rates in the U.S. residential market held at record lows just before the start of the Covid-19 pandemic, according to a report released May 12 by CoreLogic Inc. (NYSE: CLGX). That situation is expected to change. February marked the 26th consecutive month of falling annual overall delinquency rates, but the pandemic's economic impact has caused record high uninsurance rates, and homeowners around the country are at an increased risk of becoming delinquent in the coming…Original Article