Industry News

More borrowers pay mortgage on time

Western states post lowest delinquency rates
Published on Mar 11, 2004

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by CareyBot

The fourth-quarter 2003 National Delinquency Survey released today by the Mortgage Bankers Association shows that the seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties fell to 4.49 percent in the fourth-quarter 2003, down 16 basis points from ...