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Volume 3 - Number 18

September 3, 2010

FHA Delinquencies Falling But Still Elevated

The percentage of FHA loans more than 90 days delinquent or in foreclosure declined for the second consecutive quarter in the second quarter of 2010, but the rate is still well above levels seen in 2009 and earlier. According to the latest delinquency survey from the Mortgage Bankers Association, 8.45 percent of FHA loans were...

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