Delinquency Rates Trend Lower in Late 2010, But Foreclosure Inventory Backs Up
February 24, 2011
Mortgage delinquency rates declined across the board in the fourth quarter of 2010, but the foreclosure inventory edged higher as servicers continued to work through documentation issues and loss mitigation efforts.The Inside Mortgage Finance Large Servicer Delinquency Index showed...[Includes two data charts]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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