The share of U.S. home mortgages that fell into serious delinquency — representing borrowers who are three months or more late on payments — dropped to the lowest level in nearly 25 years in August at 0.9 percent, according to the Loan Performance Insights Report from Irvine, California-based property information and analytics firm CoreLogic.
Nationwide, overall mortgage delinquencies and foreclosures also remained near historic lows, a clear sign that Please log in to see the rest of this story.
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