MortgageDaily – Delinquency, New Foreclosures Decline
On a seasonally adjusted basis, delinquency of at least 30 days, including foreclosures in process, fell 6 basis points, the Mortgage Bankers Association reported.
New foreclosure filings declined 22 BPS, MBA said.
But both delinquency and new foreclosures were higher than a year earlier.
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