Mortgage Delinquency Improves

18 Nov 2011

The percentage of borrowers who are at least one month behind in their payments overall fell to 7.99% in the third quarter from 8.4% in the preceding three-month period and 9.1% a year earlier, according to the Mortgage Bankers Association.

The percentage of borrowers who are at least one month behind in their payments overall fell to 7.99% in the third quarter from 8.4% in the preceding three-month period and 9.1% a year earlier, according to the Mortgage Bankers Association. The MBA did report, however, that more serious ...

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