Small drop in Nevada rate for troubled mortgages
The percentage of residential mortgage loans that are delinquent in Nevada dropped a percentage point during the first quarter, but Nevada remains one of the country’s most troubled states for past-due mortgage loans and foreclosures, the Mortgage Bankers Association reported Thursday. The delinquency rate fell 1.08 percentage points, to 10.6 percent, at the end of March, the association said. To read the entire article, click here.