Thursday, June 14, 2007

Rate of U.S. home foreclosures hits record in 1st qtr-MBA

(Reuters) - The delinquency rate for mortgage loans on one- to
four-unit residential properties stood at 4.84 percent of all
loans outstanding in the first quarter on a seasonally adjusted
basis, down 11 basis points from the fourth quarter and up 43
basis points from a year ago, according to the MBA's National
Delinquency Survey.




Read more at Reuters.com Bonds News

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