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Real Estate & Property Law

: Housing Wire

Mortgage Delinquencies Set to Soar: Report

By PAUL JACKSON

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Severe delinquencies among mortgage holders increased more than 50 percent from year-ago levels during the third quarter, according to data released Tuesday morning by credit reporting agency TransUnion LLC. At the end of Q3, 3.96 percent of homeowners were 60+ days in arrears, compared to 2.56 percent one year earlier; historically, the severe delinquency rate [...]

Full post as published by Housing Wire on December 02, 2008 (boomark / email).

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