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Real Estate & Property Law

: Housing Wire

5% of US Mortgages Seriously Delinquent: OCC, OTC Report

By DIANA GOLOBAY

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Serious delinquencies — mortgages 60 or more days past due and those delinquent but in bankruptcy — rose to 5% of US residential mortgages at the end of the first quarter 2009, up almost double from the 2.7% rate seen in the year-ago period, according to a joint report by the Office of the Comptroller [...]

Full post as published by Housing Wire on June 30, 2009 (boomark / email).

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