Via Scott Reckard at the L.A. Times, two companies released national reports yesterday showing a decline in serious mortgage delinquencies, when homeowners are more than two months behind on payments.
TransUnion said that serious delinquencies fell for the first time in three years in the first quarter, to More…
The Comptroller of the Currency keeps an eye on the mortgage market, and the results continue to be terrible. They monitor 64 percent of the mortgages in the United States, or 34 million loans, from most of the mortgage servers in a portfolio representing the larger market: About two-thirds of More…
The New York Times takes a swipe at the Obama administration today, in a sobering editorial warning that more needs to be done to address the alarming number of Americans continuing to lose their homes to foreclosure.
The editorial notes a reality that is coming increasingly into focus: Loan More…
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