Mortgage Delinquencies Rose Further in Second Quarter | 20 Aug 2009 | 10:07 AM ET U.S. mortgage delinquency rates continue
http://www.cnbc.com/id/32490619
U.S. mortgage delinquency rates continued to climb in the second quarter, while the percentage of loans that entered the foreclosure process dipped slightly, the Mortgage Bankers Association said Thursday.
The percentage of loans on which foreclosure actions were started fell to 1.36 percent in the second quarter, down from an all-time high of 1.37 percent in the first quarter.
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