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Loan Modification

: Mortgage Lender Implode-o-Meter

As FHA Mortgage Volume Increases From 2009, Serious Delinquencies Spike

By Implode-Explode Heavy Industries

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"The rate of seriously delinquent mortgages backed by the Federal Housing Administration (FHA) declined slightly from May to June, but the gross number of mortgages that are either 90 or more days past due or in foreclosure increased 35% year-over-year."

Full post as published by Mortgage Lender Implode-o-Meter on July 26, 2010 (boomark / email).

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