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Real Estate & Property Law

: Housing Wire

Freddie Mac Sees Delinquencies Rise 62 Percent in Dec.

By PAUL JACKSON

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The number of mortgages 90 or more days delinquent continued to rise at Freddie Mac (FRE: 0.6745 +2.20%) during December 2008, reaching 1.72 percent of the GSE’s total single-family mortgage portfolio, the company reported Friday morning. That’s a jump of 62.2 percent from year-ago levels, and up 20 basis points from a 1.52 percent level [...]

Full post as published by Housing Wire on January 23, 2009 (boomark / email).

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