MBA Delinquency Survey Shows Signs of Stabilization. Progress Depends on Labor Market
The Mortgage Bankers Association released the National Delinquency Survey for Q4 2009 today. Total mortgage delinquency rates, seasonally adjusted, were down 17 basis points during the fourth quarter, but up year-over-year by 159 basis points.
9.47 percent of all mortgages on one- to four-family homes are now in some state of delinquency.




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