Mortgage foreclosure volumes tend to rise amid market uncertainty
Mortgage foreclosure volumes rose almost 7% in May as borrowers faced continued rate volatility. Bonds grew at an increased rate of 6.78% in May, compared with 1.87% in April, according to secondary market services provider Mortgage Capital Trading. On a year-over-year basis, mortgage foreclosure volume also increased by 19.84% last month Among the loan categories, … Read more