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Loans past due and in foreclosure at 4-year low

Posted: Thursday, May 17th, 2012 @ 7:49 pm by mick@sfresidence.com
Filed under: Foreclosure

Los Angeles Times – The Mortgage Bankers Association’s latest delinquency report shows that 7.4 percent of all loans on 1-unit to 4-unit properties were past due at the end of the quarter, down from 7.58 percent at the end of the fourth quarter and 8.32 percent a year earlier.

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