May data showed a decline in the composite index, led by a 26 basis point drop in first mortgage default rates. (housingviews.com)
MBA's first quarter National Delinquency Report shows the delinquency rate for mortgage loans on one - to - four unit residential properties dropped to a seasonally adjusted rate of 4.63 % in the first quarter, which translates to a 54 basis point drop from Q4 and an eight point drop year - over-year. (housingwire.com)
June data showed a decline in the composite index, led by an nine basis point drop in first mortgage default rates. (housingviews.com)