TITLE

RESIDENTIAL MORTGAGE DELINQUENCIES AND FORECLOSURES DOWN FROM 2003

PUB. DATE
January 2005
SOURCE
Mortgage Banking;Jan2005, Vol. 65 Issue 4, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the Mortgage Bankers Association's (MBA's) third-quarter 2004 National Delinquency Survey shows that the seasonally adjusted (SA) delinquency rate for mortgage loans on one-to-four-unit residential properties was 4.41 percent at the end of third-quarter 2004, down 24 basis points from the same quarter in 2003 and down 2 basis points from second-quarter 2004. Compared with the second quarter of 2004, the SA delinquency rates fell for most loan types during the third quarter. Among subprime loans, the delinquency rate rose 35 basis points.
ACCESSION #
15783594

 

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