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The percentage of seriously delinquent mortgages hit a 3-year low of 4.4% in Q2, according to...

The percentage of seriously delinquent mortgages hit a 3-year low of 4.4% in Q2, according to the OCC, using data covering about 60% of all first-lien mortgages in the country. If improvement continues, the winners may not be the banks, but instead the companies buying the banks' mortgage servicing assets on the cheap.
Comments (4)
  • Yes indeed!

     

    I got long NCT for this reason.
    27 Sep 2012, 01:29 PM Reply Like
  • Twist Tie, I don't know if it's a coincidence or not, but NCT recently,
    became more prominent in my portfolio as well.
    Let's see if our deductions work in our favour.
    I could use the boost.
    snow
    27 Sep 2012, 01:51 PM Reply Like
  • Long HLSS instead on the IPO.
    27 Sep 2012, 07:53 PM Reply Like
  • Long NCT and I am not sure I even realized this was a reason!
    27 Sep 2012, 09:43 PM Reply Like
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