Light at end of jammed foreclosure tunnel? 
30-day delinquencies back to 2007 level
By Inman News, Thursday, November 17, 2011.The percentage of mortgage holders behind by just one payment on their loan reached its lowest level since 2007 during the third quarter -- a sign that there's light at the end of the jammed foreclosure tunnel, a quarterly survey by the Mortgage Bankers Association suggests.
The MBA survey showed foreclosure starts were also up during July, August and September -- the first increase in a year -- as lenders moved to foreclose on loans that have been seriously delinquent for months and in some cases years.
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