Serious U.S. mortgage delinquencies up 20 percent

Posted on by Anibal Group LLC RealtyNetWorth.com
reuters
On Monday December 21, 2009, 11:24 am EST

By Kim Dixon

WASHINGTON (Reuters) – Serious delinquencies among U.S. prime mortgages rose nearly 20 percent in the third quarter from the prior quarter, as the percentage of current and performing mortgages fell for the sixth consecutive quarter, banking regulators said on Monday.

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