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Loan Modification

: The Truth About Mortgage.com

First and Second Mortgage Defaults Fall in February

By scot184

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Consumer credit defaults decreased in all major categories during February, according to the latest data released today for the S&P/Experian Consumer Credit Default Indices. The first mortgage default rate (30 days late on mortgage payment) slipped to 2.45 percent last month, down 14.04 percent from a month earlier and 43.27 percent below year-ago levels. Meanwhile, [...]

Full post as published by The Truth About Mortgage.com on March 15, 2011 (boomark / email).

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