ReoDirectory.com
Title
REO News
Description
Excerpted from the website:
- A number of delinquency measures including the delinquency rate and percentage of loans in foreclosure rose during the third quarter of 2006 according to a survey released Wednesday by the Mortgage Bankers Association. Though the increase was across the board, affecting prime, subprime and FHA mortgages, it was larger for FHA and “ increases in delinquency rates were noticeably larger for subprime loans, particularly for subprime ARMs.” . The survey showed no indication of excessive problems with “ non-traditional products such as interest-only or payment-option mortgages” compared to more traditional prime and subprime mortgages.
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- PO Box 166
- Granby MO 64844 US
Contact
- Tom Hanna
-
- 72020704203031, Fax: +1 801 303 6927
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