Tag Archives: National Delinquency Survey

Foreclosed and Delinquent Loans Decrease, According to MBA

The number of foreclosed loans in the third quarter of this year has declined by 20 basis points (bps) from the second quarter and 36 bps from one year ago, according to the Mortgage Bankers Association’s National Delinquency Survey. The delinquency rate for one- to four-family homes dropped to 7.4% in the third quarter, 18 […]

Fewer Foreclosures, But More People Falling Behind on Payments

Today’s issue of REALTORMag posted an article on the decrease in foreclosures but there are more people who are missing their payments. Citing data from the Mortgage Bankers Association’s National Delinquency Survey, the article says that, in the second quarter of 2010, foreclosure action was started on 1.11% of loans, down 12 basis points from […]