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Real Estate & Property Law

: Housing Wire

Delinquencies Increase Nine Quarters

By DIANA GOLOBAY

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Mortgage loans 60 or more days delinquent rose to 5.2% of total mortgage loans in Q109, from 4.6% in Q408, as the housing industry continues to suffer the extent of the economic downturn. It marks the ninth straight quarterly increase in the delinquency rate seen in TransUnion.com’s analysis of 27m anonymous, randomly sampled credit files. TransUnion, one [...]

Full post as published by Housing Wire on June 01, 2009 (boomark / email).

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