Mortgage delinquencies fell in March for the second month in a row, dropping 8.6%. Loans overdue...

|By:, SA News Editor
Mortgage delinquencies fell in March for the second month in a row, dropping 8.6%. Loans overdue by 30 days fell a record 342K to ~1.45M, a level last seen in spring 2008. But a seasonal downtrend in Feb./March, as borrowers get their tax refunds, means it's too soon to suggest a turnaround has begun.