Articles About Mortgage Delinquency
- Author:
- Mike Ochs
- Posted:
- 03.11.2010
Mortgage Delinquencies Show Slight Decline
The rate of mortgage delinquencies – borrowers who are one payment late – fell slightly between the 3rd and 4th quarters of 2009 from 9.64 percent to 9.47 percent. According to the Mortgage Bankers Association (MBA), a fourth quarter decline is unusual — even when there is no recession — because winter and the holidays typically […]