The Mortgage Bankers Association (MBA) National Delinquency Survey released results on mortgage delinquencies and foreclosures for the second quarter of 2007 yesterday. At the end of the quarter 5.12 percent of all mortgage loans for one-to-four-units residential properties were delinquent. This is 73...
In a press release and subsequent press conference Thursday, the Mortgage Bankers Association (MBA) cited fourth quarter 2004 figures in reporting a decline in the rate of delinquent payments on and pending foreclosures of residential mortgages since both the third quarter of 2004 and the end of 2003...