National Mortgage Delinquency Rate Now Surpasses 10%
Sacramento Short Sale Specialist Reports: [caption id="attachment_1105" align="aligncenter" width="300" caption="Foreclosures Will Continue"][/caption] Over 10% of all loans are now delinquent. I was Researching Sacramento area HAMP loan mod success rates this nmorning and came across this startling article in DSNews. It looks as if all the good news the Obama powered media has been pumping out is a little off center. Kinda Scary! Wonder what the numbers are here in the Sacramento Area? Home loan delinquency rates in the United States have now surpassed 10 percent, Lender Processing Services (LPS) reported this week. If you Count homes already in the foreclosure process, the total rate of noncurrent mortgages sits at 13.3 percent, according to the data in the Florida-based company’s national loan-level database.This rate indicates that...
Enter your email to subscribe.
