Articles tagged with: mortgage delinquencies
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TransUnion recorded the largest percentage drop in delinquencies since the end of the recession two years ago.
According to TransUnion, mortgage delinquencies improved 5.98 percent during the quarter.
Information and risk management company, TransUnion, compiles data from 27 million consumers randomly sampled each quarter.
The rate of homeowners 60 or more days delinquent declined to 5.82 percent in the second quarter of 2011.
TransUnion predicts delinquencies will continue to decline throughout the year.
“While relatively low home prices and high unemployment continue to exert upward pressure on delinquency rates, they are more than offset by …
