Mortgage delinquencies surge more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the housing market

Business Insider

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· *Mortgage delinquencies rose a seasonally adjusted 8.22% in the second quarter to a nine-year high, according to a Monday report from the Mortgage Bankers Association.*
· *The nearly 4% jump from the previous quarter was the largest in survey history, according to the report. *
· *In addition, the delinquency rate...

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