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Loan Modification

: The Truth About Mortgage.com

Subprime Delinquencies Fall for First Time in Four Years

By scot184

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The delinquency rate on subprime residential mortgage-backed securities (RMBS) fell for the first time in four years, according to Fitch Ratings. Subprime RMBS delinquencies dipped to 46.3 percent in March from 46.9 percent the prior month, but are still well above the 39.8 percent rate seen a year ago. Subprime delinquencies increased for 44 straight months, from [...]

Full post as published by The Truth About Mortgage.com on April 07, 2010 (boomark / email).

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