"The Freddie Mac delinquency rate increased 1 basis point in July to 3.51%, the first increase since November.
The rate is a percentage of the mortgages backing securities Freddie Mac guarantees. Freddie cut its guarantee book every month since February 2010. It dropped below $1.7 trillion in July, a $9 billion reduction from the previous month and the lowest point since October 2007, according to the Freddie monthly summary..."
at http://www.housingwire.com/2011/08/25/freddie-delinquency-rate-ticks-up-for-first-time-in-10-months?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
The rate is a percentage of the mortgages backing securities Freddie Mac guarantees. Freddie cut its guarantee book every month since February 2010. It dropped below $1.7 trillion in July, a $9 billion reduction from the previous month and the lowest point since October 2007, according to the Freddie monthly summary..."
at http://www.housingwire.com/2011/08/25/freddie-delinquency-rate-ticks-up-for-first-time-in-10-months?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
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