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IPFS News Link • Housing

Mortgage Delinquencies Continue Rising

• Ritholtz.com
 
Serious delinquencies continue to rise – in the 64% of the market covered by Mortgage Metrics, there are now about 3.4 million loans either seriously delinquent or in the process of foreclosures. Completed modifications actually declined in each of Q2-Q4 of 2009.

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