St Louis Mortgage Delinquencies Down Yet First Time Delinquencies Are Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: MBA Says Delinquencies Down Overall But First Time Delinquencies Up | Residential and Commercial Loans: 314-334-0210 | Floyd Tapia Recent reports coming in from the Mortgage Bankers Association (MBA), the nation’s overall mortgage delinquency rate dropped to 9.85 percent in the second quarter of 2010. This is down from 10.06 percent of all loans outstanding three months prior. The percentage of seriously delinquent loans which...