State No. 26 for delinquent mortgages
by AnnistonStar
 Around the State
May 10, 2010 | 753 views |  0 comments | 14 14 recommendations | email to a friend | print | permalink

Fewer Americans were late with their mortgage in the first quarter, with the ratio of borrowers 60 days or more past due at 6.77 percent. That’s down from 6.89 percent in the fourth quarter, according to the latest data from TransUnion.

"The fall in mortgage delinquency is indeed good news for the consumer, the mortgage industry, and the current economic recovery," said FJ Guarrera, vice president in TransUnion's financial services business unit, in a news release.

Read the full story from The Birmingham Business Journal.

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