The Overall Delinquent Mortgage Is At A 17-Year Low .. While Fraud Is UP!

The Mortgage Banker’s Association reports the seriously delinquent rate, which combines loans that are 90 days or more past due with those loans in the process of foreclosure, dropped to a ten-year low. In the second quarter of 2017, the overall delinquency rate was at its lowest level since the second quarter of 2000. That is a 17-year low.

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