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Real Estate & Property Law

: Housing Wire

Mortgage Delinquencies Rise 53% in 2008: Report

By KELLY CURRAN

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Mortgage loan delinquency increased for the eighth straight quarter, hitting a national average high of 4.58 percent for the fourth quarter of 2008, according to a report released Tuesday by TransUnion. Traditionally seen as a precursor to foreclosures, this statistic is up almost 16 percent from the previous quarter’s 3.96 percent average and up a [...]

Full post as published by Housing Wire on March 03, 2009 (boomark / email).

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