Late mortgage payments up nationally thanks to Katrina 

Late mortgage payments went up in the third quarter of 2005 compared to the second quarter, blown up 10 basis points by Hurricane Katrina, a mortgage survey today revealed.

At the end of the third quarter, the seasonally adjusted delinquency rate for mortgage loans on single-family residential properties hit 4.44 percent, reflecting the impact of Katrina, the Mortgage Bankers Association's 2005 second-quarter national delinquency survey reported.

If not for Katrina, late payments would have dropped to 4.21 percent from the previ

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