Mortgage delinquencies shrink in Q2

Thumbnail Image Mortagage delinquencies shrink in Q2 in commonwealthcap

As the COVID-19 pandemic took hold, the mortgage and private lending sector feared that delinquencies would increase and trigger widespread default. Despite reports from Q2 2021 showing delinquencies receding from pandemic highs, many lenders are re-evaluating credit policies and are requiring existing commercial and investment properties to refinance into new mortgages. This shift will undoubtedly […]