The Mortgage Bankers Association’s (MBA) latest National Delinquency Survey indicated a rise in delinquencies for mortgage loans on one-to-four-unit residential properties in the third quarter of 2018.
“Despite the small uptick this quarter, the healthy economy is overall supporting low mortgage delinquencies and foreclosure inventories," MBA Vice President of Industry Analysis Marina Walsh said.
Read on for more details from the association’s latest report.