Industry News

Real estate foreclosures down

Mortgage delinquencies up slightly from second quarter
Published on Sep 8, 2004

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by CareyBot

Residential mortgage delinquencies crept up in the second quarter while the actual foreclosure inventory declined, the Mortgage Bankers Association reported today. The seasonally adjusted delinquency rate for mortgage loans on one- to four-unit residential properties increased to 4.43 percent in ...