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Loan Modification

: The Truth About Mortgage.com

Mortgage Defaults Slip Lower in December

By scot184

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Mortgage defaults on both first and second mortgages fell in December, according to the latest S&P/Experian Consumer Credit Default Indices report released today. The first mortgage default rate fell to 2.93 percent, down 4.34 percent from November and 38.57 percent from a year earlier. The second mortgage default rate slipped to 1.74 percent, down 3.07 [...]

Full post as published by The Truth About Mortgage.com on January 18, 2011 (boomark / email).

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