2010-01-11mortgageorb.com

"The total delinquency rate for the Fannie Mae and Freddie Mac portfolios increased nearly 100 basis points (bps) to 7.6% in the third quarter, the companies' regulator, the Federal Housing Finance Agency (FHFA), reported Friday. The FHFA also reported a 15% decline in foreclosure starts and a 39% increase in short sales and deeds-in-lieu during the quarter."


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