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Loan Modification

: The Truth About Mortgage.com

Mortgage Defaults Rise for First Time in a Year

By scot184

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Mortgage defaults increased for the first time since December 2009 last month, according to joint data from credit bureau Experian and S&P. The default rate for first mortgages was 3.05 percent in November, up 4.95 percent from October, but still 34.84 percent lower than a year ago. More borrowers were behind on payments on second [...]

Full post as published by The Truth About Mortgage.com on December 21, 2010 (boomark / email).

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