Friday, March 8, 2013

Missouri, Illinois make headway on mortgages

Home mortgage delinquencies and foreclosures are improving in both Missouri and Illinois, according to the January Mortgage Monitor Report from Lender Processing Services.Missouri's non-current loans — those that are in foreclosure, or more than 30 days past due — declined 12 percent year over year, and Illinois' declined 14.5 percent. They declined 12.3 percent nationwide, the report found.In Missouri, 8.5 percent of mortgage loans remain non-current, and in Illinois, it's 12.4 percent.Nationally,…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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