News Updates

Serious Mortgage Delinquency Rate Drops to All-Time Low in August

The share of U.S. borrowers who were in serious mortgage delinquency (90 days or more late on payments) dropped to 0.9% in August, the lowest recorded since January 1999. The overall national mortgage delinquency rate (30 days or more late) was at 2.6% in August, also a historic low. The U.S....

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Blox Launches AI Financial Automation for Property Operators

With investment from Fika, Navitas, and Clocktower Blox, the financial AI automation company for real estate, announced the launch of its all-in-one software platform. Blox uses machine learning to automate key receivables tasks, including statement audit, refunds, payments, messaging, disputes,...

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