MBA Survey: Delinquencies Improve but Homeowners Still Drowning

WASHINGTON, D.C. – August 10, 2012 – (RealEstateRama) — The latest Mortgage Bankers Association (MBA) survey shows positive trends in the housing market, with delinquencies and foreclosures down from last year. However, the millions of foreclosures still ahead will continue to erode communities and slow economic recovery. The need for aggressive and fair loan modifications remains as strong as ever.


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