The Difference Between a Delinquency and a Foreclosure?

Rick Sharga: In a normal market, about 4% of loans are delinquent and another 1% are in foreclosure. He says delinquency rates have gone back to where they were prior to the pandemic at just below 4%. "The delinquencies are kind of that canary in the coal mine, if you will," he says.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app