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Mortgage defaults fall slightly.

Publication: Westchester County Business Journal
Publication Date: 17-JAN-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Mortgage defaults fall slightly.(Real Estate Outlook)

Article Excerpt
The third-quarter 2004 National Delinquency Survey by the Mortgage Bankers Association shows that the seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 4.41 percent in September, down 0.24 percent from the same quarter last year.

The inventory of loans in foreclosure was 1.14 percent in September, down...

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