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Home » Store » News » FHA Defaults Continue to Creep Up

FHA Defaults Continue to Creep Up

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Delinquency and default rates increased across the board on FHA loans as 2009 progressed, and the most recent book of FHA originations is showing troubling spikes in all performance levels. The latest data available from the Department of Housing and Urban Development show that 7.42 percent of FHA single-family mortgages were 90 days or more in default as... [Includes one chart]
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