February 17, 2012 in Business

Delinquent home loans

 

A Mortgage Bankers Association report Thursday said 7.58 percent of all residential mortgages were delinquent by at least one payment as of the fourth quarter of 2011. That was down from 7.99 percent in the third quarter of 2011 and 8.25 percent in the fourth quarter of 2010. The survey covers about 88 percent of all home loans.


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