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Loan Modification
: Mortgage Lender Implode-o-MeterThe Amazing Spiraling Mortgage Delinquencies
By Implode-Explode Heavy Industries
The Mortgage Bankers Assocation (via Rolfe Winkler) is out with its latest look at loan delinquencies across a variety of investor groups.
The one trend: up.
CMBS has now crossed the 4% delinquency rate, though at least there are some signs of a turn, rather than just a pure straight line.
Full post as published by Mortgage Lender Implode-o-Meter on December 08, 2009 (boomark / email).
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