Mortgage delinquencies fell in the third quarter, MBA reports - down 0.72 points to 9.13% on...

|By:, SA News Editor

Mortgage delinquencies fell in the third quarter, MBA reports - down 0.72 points to 9.13% on single-family homes - but "two significant headwinds" are ahead: 9.6% unemployment, and the potential for 4.5M more foreclosures to join 4M currently listed over the next two years.