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Mortgage Foreclosures and Delinquencies at Lowest Level Since 2007

lisasheppard | November 25, 2015
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The delinquency rate for mortgage loans on residential properties maintained its downward trend and dropped to 4.99% of all loans outstanding at the end of the third quarter of 2015, the latest Mortgage Bankers Association’s National Delinquency Survey stated.

This marks the lowest level since the first quarter of 2007.

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