Industry News

Real estate foreclosures dip

Mortgage borrowers make timely third-quarter payments
Published on Dec 9, 2004

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by CareyBot

Residential mortgage delinquencies and foreclosure inventory fell in the third quarter from the previous quarter, due to a strengthening economy, the Mortgage Bankers Association said today. The seasonally adjusted delinquency rate for mortgage loans on one- to four-unit residential properties ...