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Mortgage Delinquencies Rise 53% in 2008: Report
Mar 03, 2009Mortgage loan delinquency increased for the eighth straight quarter, hitting a national average high of 4.58 percent for the fourth quarter of 2008, according to a report released Tuesday by TransUnion. Traditionally seen as a precursor to foreclosures, this statistic is up almost 16 percent from the previous quarter’s 3.96 percent average and up a whopping 53 percent from the same period last year.
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Number of Troubled Borrowers On Rise, TransUnion Says
Sep 08, 2008 -
Bank of the West Acquires Leading Construction Insurer
Jan 02, 2007