Delinquent Mortgages Up

June 3, 2014
Investor's Business Daily 
mortgage lending news
Black Knight reports that the share of home loans that are delinquent increased a bit to 5.62 percent in April from 5.52 percent in March. It notes, however, that the share of mortgages in the foreclosure process has dropped to 2.02 percent from 3.17 percent last year.

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