Articles Tagged with ''South Dakota''

Delinquencies Increase Nine Quarters

Mortgage loans 60 or more days delinquent rose to 5.2% of total mortgage loans in Q109, from 4.6% in Q408, as the housing industry continues to suffer the extent of the economic downturn. It marks the ninth straight quarterly increase in the delinquency rate seen in TransUnion.com's analysis of 27m anonymous, randomly sampled credit files.
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Mortgage Delinquencies Rise 53% in 2008: Report

Mortgage loan delinquency increased for the eighth straight quarter, hitting a national average high of 4.58 percent for the fourth quarter of 2008, according to a report released Tuesday by TransUnion. Traditionally seen as a precursor to foreclosures, this statistic is up almost 16 percent from the previous quarter's 3.96 percent average and up a whopping 53 percent from the same period last year.
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