Despite an increase in 30-day delinquency, the foreclosure rate declined and foreclosure starts descended to the lowest level in 10 years.
As of April 30, there were 2,741,000 residential loans that were either at least 30 days past due or in the foreclosure pre-sale inventory.
That turned out to be more than as of the end of the March, when the number of non-current mortgages finished the month at 2,693,000.
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From:: Financing