Relevant:
- Mortgage Delinquency Rates Predict More Foreclosures Ahead
- US CMBS Loan Delinquency Rate Rises to 8.24%
- Surge in FHA Foreclosure Starts And Rising Delinquency In 2nd Quarter
- Shadow Inventory Drops below 2 Million Homes
- MBA: Almost 10% of Homeowners with Mortgages Delinquent or in Foreclosure Process
2012-03-21 — mortgagedaily.com
The rate of serious delinquency on first mortgages was down for the second month in a row, while past-due payments on second mortgages fell to the lowest level in at least three years.
At 2.02 percent, last month's first-mortgage delinquency of at least 90 days was 6 basis points better than January.
It was the second consecutive month that late payments retreated.
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