Relevant:
- 1 in 5 Modified Loans Default Again: Comptroller
- Countrywide Sees Production Drop 40 Percent in November; Delinquencies Jump
- U.S. Mortgage Delinquencies Rise For First Time In Year
- Failure Rate Rises on Mortgages Revised in Late 2008, U.S. Says
- Mortgage Delinquencies Continue to Decline as Foreclosure Inventories Climb
2009-12-21 — reuters.com
``3.6 percent of prime mortgages -- those made to the most credit-worthy borrowers -- were seriously delinquent in the third quarter. That was more than double the year-ago quarter and up nearly 20 percent from the 2009 second quarter.
The report defined "serious delinquencies" as those loans 60 days or more past due and loans to delinquent bankrupt borrowers.''
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