Keith Carson

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Delinquencies Increase Nine Quarters

Jun 01, 2009By

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.

3d rendering of a row of luxury townhouses along a street

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