Business NewsPR NewsWire • Center for Responsible Lending: MBA Report Shows 1 in 10 Mortgages Now Delinquent or in Foreclosure

Center for Responsible Lending: MBA Report Shows 1 in 10 Mortgages Now Delinquent or in Foreclosure

Center for Responsible Lending: MBA Report Shows 1 in 10 Mortgages Now Delinquent or in Foreclosure

WASHINGTON, Feb. 19 /PRNewswire-USNewswire/ -- The Mortgage Bankers Association (MBA) reported today that serious mortgage delinquencies -- those at least 90 days past due or in foreclosure -- remained at record levels in the fourth quarter of 2009.  These latest statistics show that one in 10

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Center for Responsible Lending: MBA Report Shows 1 in 10 Mortgages Now Delinquent or in Foreclosure