Inside these posts: Mortgage delinquences

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Late mortgage payments fall in fourth quarter

There’s a note of optimism in the air about the U.S. mortgage delinquency rate.

The number of mortgages that were past due in the fourth quarter was at its lowest level since the end of 2008 (excluding homes that are already in foreclosure.) Meanwhile, the number of U.S. mortgages that were one month late last quarter fell to its lowest level since the end of 2007, the Mortgage Bankers Association said Thursday. Get the full story »