Delinquencies declined broadly in April from March among home loans originated between 2004 and 2007, said Standard & Poor’s Ratings Services, the latest sign the number of US households behind on mortgage payments appears to be leveling off. The middle years of the decade saw the loosest underwriting standards as the housing bubble hit its apex.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio