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Delinquent
A delinquent is one who fails to do that which is required by law or by duty when such failure is minor in nature.
The term is often used to refer to a juvenile who commits a minor criminal act—juvenile delinquents.
In other cases, a delinquent is a person who fails to pay a debt or other financial obligation, like a mortgage. Failure to cure a delinquent payment can result in repossession or foreclosure.
Delinquent
Ok...so I know I haven't written much in forever. This isn't really going to change that because I've got the start of a cold coming on and need to get to bed...
Help Available for Delinquent Loans
Loss of a job, unexpected medical bills, divorce, or other difficult circumstances can cause a homeowner to fall behind in his/her mortgage payments...
5% of US Mortgages Seriously Delinquent: OCC, OTC Report
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...
More Than Nine Percent of FHA Loans Seriously Delinquent
Roughly 9.1 percent of borrowers with FHA loans were seriously delinquent (at least three months behind) as of December, according to a report from the Washington Post...
Freddie Mac Will Buy Out 120-Day Delinquent Mortgages
"Government-sponsored mortgage securitizer Freddie Mac said today it will buy ?substantially all? mortgages delinquent by at least 120 days from the company?s related fixed-rate and adjustable-rate mortgage (FRM and ARM) Participation Certificate (PC) securities...
Freddie Mac to Buy Out Seriously Delinquent Loans
Press Release: Freddie Mac To Purchase Substantial Number of Seriously Delinquent Loans From PC Securities Freddie Mac (NYSE: FRE) announced today that it will purchase substantially all 120 days or more delinquent mortgage loans from the company's related fixed-rate and adjustable-rate (ARM) mortgage Participation Certificate (PC) securities...
















