The overall picture for mortgage delinquency and foreclosure activity generally is continuing to improve, despite some bumps in the road in a number of states. The mortgage delinquency rate increased to a seasonally adjusted rate of 7.25 percent at the end of the first quarter of 2013 – up 16 basis points from the fourth quarter of 2013, but down 15 basis points from one year ago, according to the Mortgage Bankers Association’s latest National Delinquency Survey, released late this week ...