Geithner Sees “Economic Improvement” As Mortgage Delinquencies Hit All Time High

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The national mortgage delinquency rate hit its lowest point since 2009, according to Prior to that time, 60-day mortgage delinquency rates had dropped for six consecutive quarters. Though house prices are continuing to slide and unemployment remains high, modest economic improvement.

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Geithner Sees "Economic Improvement" As Mortgage Delinquencies Hit All Time High Even as Mr. Geithner, in prepared congressional testimony, claims that the economy is "recovering", the MBA announced yet another record number of mortgage delinquencies. At over 14%, the number of American homeowners either in delinquency or in foreclosure was.

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The Mortgage Bankers Association's quarterly survey found that one in. The economy and the stock market may be recovering from their swoon, but more homeowners than ever are having trouble making their monthly mortgage payments, See Sample · Privacy Policy · Opt out or contact us anytime.

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