CoreLogic Loan Performance Insights

CoreLogic released their Loan Performance report for the month of April, and there were some big improvements. Loans 30-days or more past due improved significantly from 4.0% to 3.6%, while seriously delinquent loans, which is defined as 90-days or more, dropped from 1.4% to 1.3%. Seriously delinquent homes in foreclosure were unchanged at 0.4%. Incomes and home price growth continue to support strong loan performance.