REAL Trends Updates

FHA delinquencies fall for fifth consecutive month

The strides made by the Federal Housing Administration (FHA) in lowering delinquency numbers are turning into a long-distance marathon run. The federal mortgage insurer's delinquency rate dropped again in June, marking the fifth straight month of declines. According to FHA's latest operations report, as of June 30, 532,757 of the mortgages it guarantees had spent at least 90 days in a delinquent...  This content only available to REAL Trends Members. Please log in below.