Delinquent Mortgages at Lowest Level Since 2007
Regan Hagestad
August 20, 2015
According to the latest National Delinquency Survey from the Mortgage Bankers Association (MBA), delinquent residential mortgages are at their lowest rate since the second quarter of 2007. This marks a decline in the rate by 24 basis points (BPs) since the first quarter of 2015 and by 74 BPs compared to the second quarter of 2014. The National Delinquency Survey
