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Serious Delinquency Retreats

Posted by admin on Tuesday, February 21st 2012

21
Feb

Serious home-loan delinquency relented after ascending each of the prior four months. The rate in Dallas declined, while defaults in Miami climbed.

Residential delinquency of at least 90 days dropped 11 basis points between December and January on first mortgages.

Late payments already had been up each month since August.

More: continued here

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