Ilyce Glink Show – Mortgage Delinquency Rates are Up – July 28, 2013

Ilyce Glink Show on WSB Radio: New data shows that mortgage delinquency rates are up after five months of improvement.

On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed how mortgage delinquencies have taken a sharp turn up.

According to Lender Processing Services, the national delinquency rate is at 6.7 percent, which is 10 percent higher than May and the highest level since February. Ilyce said what is even more disturbing is that nearly half of the loans modified in 2009 by the Obama Administration Rescue Program have defaulted for a second time. Overall, the mortgage delinquency is a little lower than last year, but the real concern is how the loans were being modified.

You can rely on Ilyce to give you the best real estate and personal finance advice.

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Listen to her live, but if you can’t, you can listen to her show on iTunes or on the Web at ThinkGlink.com.

WSB Radio’s Ilyce Glink Show – July 28, 2013

Click the audio link below to listen to Ilyce’s WSB Radio show or go to iTunes and download the show to your handheld device.

IGS -13-7-28

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Thanks for listening.


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