US Home Loan Delinquency Rate Increased 2.3% m/m in May
July 06, 2010 at 17:00 PM EDT
The May Mortgage Monitor report released today by Lender Processing Services, Inc… shows a 2.3 percent month-over-month increase in the nation’s home loan delinquency rate to 9.2 percent in May 2010, and that early-stage delinquencies are increasing as normal seasonal improvements taper off – PRNW
