Mortgage Delinquencies Increase at End of 2017 with Poor Performance Concentrated in Areas Damaged by Hurricanes
February 15, 2018
Mortgage delinquencies overall increased at the end of the year, with the poor performance largely attributed to areas hit by hurricanes in August and September. Mortgage performance in most of the rest of the country actually improved at the end of 2017.
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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