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2:00PM Water Cooler 3/9/2021 | naked capitalism


Bird Song of the Day
Owl Week at the Naked Capitalism Water Cooler continues.
#COVID19
At reader request, I’ve added this daily chart from 91-DIVOC. The data is the Johns Hopkins CSSE data. Here is the site.
I feel I’m engaging in a macabre form of tape-watching, because I don’t think the peak is coming in the next days, or even weeks. Is the virus gathering itself for another leap?
I’m holding the vaccination chart in abeyance until I look at data issues at DIVOC-19 and/or Johns Hopkins, after I get the rest of the post done. ....

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


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.
CoreLogic National Overview of Mortgage Loan Performance, featuring October 2020 Data (Graphic: Business Wire)
To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency, including the share that transitions from current to 30 days past due. In October 2020, the U.S. delinquency and transition rates, and their year-over-year changes, were as follows: ....

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October 2020 Loan Performance: Mortgage Delinquencies Continue to Rise but Pace Moderating

From CoreLogicThe 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. ....

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