Delinquencies, foreclosure starts drop: MBA
CHICAGO (MarketWatch) -- The percentage of mortgages that are delinquent fell in the fourth quarter of 2011, and fewer loans entered the foreclosure process, reflecting improvement seen in the economy, the Mortgage Bankers Association reported on Thursday. "The total delinquency rate and foreclosure starts rate decreased and are back down to levels from three years ago," said Jay Brinkmann, MBA ...
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CHICAGO (MarketWatch) -- The percentage of mortgages that are delinquent fell in the fourth quarter of 2011, and fewer loans entered the foreclosure process, reflecting improvement seen in the economy, the Mortgage Bankers Association reported on Thursday. "The total delinquency rate and foreclosure starts rate decreased and are back down to levels from three years ago," said Jay Brinkmann, MBA ...
Read More.. and DISCUSS