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MBA: Mortgage Delinquencies decline in Q1

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Maya Raichura
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MBA: Mortgage Delinquencies decline in Q1 - May 17th, 2012

MBA: Mortgage Delinquencies decline in Q1

The MBA reported that 11.79 percent of mortgage loans were either one payment delinquent or in the foreclosure process in Q1 2012 (delinquencies seasonally adjusted). This is down from 11.96 percent in Q4 2011 and is the lowest level since 2008.

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