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TransUnion: USA Mortgage Data on Delinquencies Falls in Two Consecutive Quarters

TransUnion’s quarterly analysis of trends in the mortgage industry found that national mortgage loan delinquency rate (the ratio of borrowers 60 or more days past due) decreased again in the second quarter of 2010, suggesting that the credit conditions in the housing sector have now begun to stabilize. However, the delinquency rate only dropped to 6.67 percent — a level marginally lower than in the first quarter of this year. Source:  http://transunion.com/trenddata

BIIA Newsletter Sept. II – 2010 Issue

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