Latest Mortgage Reports Show Little Change in Foreclosures–But Slow-Down in Prevention

WASHINGTON, D.C. – August 25, 2011 – (RealEstateRama) — The latest Mortgage Bankers Association (MBA) mortgage report shows a rise in 30-day delinquencies, including an increase in late payments on prime, fixed-rate mortgages. Overall, the picture hasn’t changed significantly from first quarter, as one in 11 mortgage holders remains at serious risk of foreclosure (60 days delinquent or more).


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