Is the mortgage market starting to heal? - Feb. 19, 2010: "The mortgage market may have begun to turn: Fewer borrowers fell behind on their payments during the last three months of 2009.
A seasonally adjusted 9.47% of all mortgage loans were late during the fourth quarter, down from 9.64% at the end of September, according to the National Delinquency Survey, which is produced by the Mortgage Bankers Association and is considered the bible of the industry."
Friday, February 19, 2010
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