Delinquencies Fall, Foreclosures Rise

Analysts at Barclays report more homeowners are staying current on their mortgages, thereby reducing the rate of delinquent loans, as informs The March Mortgage Credit Tracker says, however, the rate of foreclosure is rising, as is the foreclosure-to-REO (real estate-owned) hopper, bringing foreclosures back to the rate of three moths ago. The number of judicial liquidations is also increasing, according to the report. ##

(Photo credit: Jillian Berman/Getty images)


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