Monday, December 20, 2010

Delinquent mortgages decline in Wisconsin - Kansas City Business Journal:

http://madridfranquicia.com/reportaje.php?id=651
The delinquency rate excludes loans in the process of The percentage of loans in Wisconsin on whic h foreclosure was started during the quarter rose 12 basia points to1 percent, whiled the percentage of loans in the foreclosure procesws at the end of the quarter rose 29 basis pointsx to 3.11 percent. The rates are not seasonally Mortgage delinquency rates normally drop in the first quarter of the year after peakingat year-end due to a varietyt of seasonal factors. The delinquency rate for primd adjustable rate mortgage loans decreased 75 basis pointsto 8.49 percen and the rate for prime fixed rate mortgage loans decreased 32 basis points to 3.07 percent.
The delinquencyu rate for the subprime ARM loans decreased 156 basis pointsto 25.25 percent, while the rate for subprimes fixed rate loans decreased 136 basis pointx to 20.47 percent.

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