Mortgage Delinquency Rises, Foreclosures Down

Although mortgage delinquency rose for the second consecutive month, foreclosures starts were the lowest in more than a decade.

As of Oct. 31, 2016, there were 2.706 million home loans that were either at least 30 days past due or in the foreclosure process.

Compared to a month previous, the number of non-current loans rose 32,000, though the total was down 430,000 from a year previous.


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From:: Financing

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