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Percentage of loans in foreclosure falls in fourth quarter, survey finds

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Delinquencies on residential mortgage loans increased in the fourth quarter 2005, while the percentage of loans in the foreclosure process fell, according a survey released by the Mortgage Bankers Association today.

The delinquency rate for mortgage loans on one-to-four-unit residential properties was 4.7 percent at the end of the fourth quarter, up from 4.38 percent in the fourth quarter of 2004 and 4.44 percent in the third quarter of 2005, according to the fourth-quarter report.

Meanwhile, the percentage of loans i

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