Sociable

Monday, April 11, 2011

Fitch reports slowing subprime delinquencies, foreclosure sales

I don't what to the cause of this improvement is?  I think the article is just grasping in the dark for answers.
The percentage of borrowers with mortgages classified as 30 or more days delinquent fell by 5.3% in March from February and the percentage of borrowers who are 60 days or more delinquent fell by 4.4%, according to a report composed by Fitch Solutions director David Austerweil.
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