3rd Consecutive Monthly Mortgage Delinquency Drop

For the third month in a row, the share of mortgages that were past due at least one month or in the foreclosure process has moved lower.

There were 2.605 million residential loans that were at least 30 days delinquent or in the foreclosure inventory as of the end of February.

The non-current loan count declined from 2.643 million a month earlier. An even bigger improvement was made from 2.907 million a year earlier.

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From:: Financing