"The U.S. mortgage delinquency rate increased for the first time in a year as slowing economic growth left more borrowers struggling to pay their bills.
The share of home loans at least 30-days late rose to 7.58 percent in the second quarter on a seasonally adjusted basis, up from 7.4 percent in the previous three months, theMortgage Bankers Association said in a report today. The rate for seriously delinquent loans, those more than 90 days behind, climbed to a seasonally adjusted 3.19 percent from 3.06 percent."
This may also be because banks still don't want to work with people. I'm going on two weeks now to get my account reps email to send her scan's of all my information. Since she is refusing to give it to me I will send in the paperwork certified mail and I'm going to label every page with a number and video tape putting it into the box with a witness--If they can lose my information sixteen times, I'm sure they can do it seventeen times.