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Home » Store » News » New Jobs, Lower Rates Keep Delinquencies and Foreclosures Down in Late 2004, MBA Survey Finds

New Jobs, Lower Rates Keep Delinquencies and Foreclosures Down in Late 2004, MBA Survey Finds

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Strong economic growth and the addition of thousands of new jobs helped keep overall residential mortgage delinquencies and foreclosures down in 2004 from the previous year, particularly in the subprime sector, although new foreclosures appear to be trending upward, according to the Mortgage Bankers Association’s latest survey of delinquencies and foreclosures. …
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