Slowing Improvement in Mortgage Delinquencies
TransUnion has released its findings and analysis on mortgage delinquency for the fourth quarter of 2010, which found that the national mortgage loan delinquency rate dropped to 6.41 percent. This statistic, which is traditionally seen as a precursor to foreclosure, reflects a decrease of 0.47 percent from the company’s third quarter reading of 6.44 percent. …
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