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Loan Modification

: Loan Modification & Home Loan News

FHA Mortgage Delinquency Rate Continues To Slow

By Moe Bedard

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WASHINGTON (Dow Jones)–The delinquency rate on Federal Housing Administration mortgages continued to show improvement in the second quarter, a sign the agency may yet avoid a taxpayer bailout. The number of new 90-day delinquencies in the second quarter fell by 32% from the first quarter, the FHA reported Monday. Also, for the first time in [...]

Full post as published by Loan Modification & Home Loan News on August 03, 2010 (boomark / email).

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