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Thursday, September 02, 2010
07:02 PM Texas Time


Delinquency Improves, Though Foreclosures Worse

13.08% noncurrent rate in July


Home-loan delinquency of at least 90 days, including foreclosures, fell 12 basis points in July, Lender Processing Services Inc. reported.

Excluding foreclosures in process, the delinquency rate was 22 BPS better.

But the foreclosure inventory rose 0.12 percent.


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