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Tag Archives: Jay Brinkman

Mortgage group: Encouraging signs in new delinquency numbers

The Mortgage Bankers Association last month gave the most encouraging assessment in several years on delinquent mortgages, reporting a 30-day tardy rate not seen nationally since the end of 2007, a period that marked the start of the current recession. The delinquency rate for mortgage loans on one-to-four unit residential properties decreased to a seasonally adjusted rate of 8.22 percent ...

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