Daily News Article
•Foreclosures Down, But Delinquencies Back Up
08/23/2011
The number of delinquent mortgages more than 90 days late–those that are closest to bank repossession–declined during the second quarter, the Mortgage Bankers Association reported on Monday. The country is back to 2007 levels in foreclosures–with fewer borrowers losing their homes to bank repossessions, MBA reported.