Industry News

Home loan delinquencies up

Trade group urges against tighter lending regulations
Published on Dec 13, 2006

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by CareyBot

An increase in delinquencies on subprime and FHA-backed loans helped push the overall delinquency rate on all mortgage loans up 28 basis points in the third quarter, to 4.67 percent, the Mortgage Bankers Association said Wednesday. The increase in delinquencies ...

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