The overall delinquency rate for FHA loans dropped in the second quarter of 2015, although late payments were up in the 30-day and 60-day categories on a seasonally adjusted basis, according to results of the Mortgage Bankers Association’s latest national delinquency survey. The FHA reported slightly different trends. The serious delinquency rate in June was down 30 basis points from March’s 6.42 percent on an unadjusted basis. Taking into account seasonal factors, the drop was just 2 bps. MBA data showed...