Items Tagged with 'Keith Carson'

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  • 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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  • MBA: Delinquencies Hit Record 7.88% in Q4

    Mortgage delinquencies piled up at record pace in the fourth quarter of 2008, hitting an all-time, seasonally-adjusted high of 7.88 percent of loans outstanding, the Mortgage Bankers Association said Thursday. The delinquency rate, which includes loans that are at least one payment past due but not yet in foreclosure, was up from 6.99 percent in the third quarter and 5.82 percent a year ago. The volume of loans in the foreclosure stage jumped 3.30 percent, also reaching a new record high, according to the MBA's report.
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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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  • Mortgage Delinquencies Rise Nearly 62 Percent in First Quarter

    While it's likely no longer surprising for many market participants, a report by consumer credit bureau TransUnion released Monday found that mortgage delinquencies had increased for the fifth straight quarter during Q1, while consumers managed to add to their overall mortgage debt load during the quarter as well.
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