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Loan Modification

: Loan Modification & Home Loan News

U.S. Mortgage Delinquencies Appear to Level Off

By Moe Bedard

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The number of American households behind on mortgage payments appears to be leveling off at a high level, a survey showed Wednesday. The Mortgage Bankers Association, a trade group, reported that 14% of mortgage loans on one- to four-unit homes were 30 days or more delinquent or in the foreclosure process as of March 31. That represents [...]

Full post as published by Loan Modification & Home Loan News on May 20, 2010 (boomark / email).

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