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HUD to Auction $1.7 Billion in Delinquent Property Mortgages

on Aug 17, 2012 in Unique Loan Programs | Comments Off on HUD to Auction $1.7 Billion in Delinquent Property Mortgages

HUD to Auction .7 Billion in Delinquent Home Mortgages About 9 percent of FHA-insured mortgages were 90 days late or in foreclosure as of June 30, ambulance compared with 7.3 percent rate for all house loans, visit web the Mortgage Bankers Association stated on Aug. 2. Foreclosure begins on FHA-insured loans enhanced to 1.53 … If you would like a lot more informaiton please pay a visit to here… TEXT-Fitch: rising delinquency rates pose looming threat for FHA Aug 16 – Worsening delinquency trends for house loans insured by the U.S. Federal Housing Administration (FHA), story evident on significant banks&#39 balance sheets in the second quarter, may possibly point to far more difficulty ahead for the FHA as the agency seeks to shore up its … If you would like a lot more informaiton please go to here… HUD to Auction $1.7 Billion in Delinquent Property...

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