According to the quarterly National Delinquency Survey conducted by the Mortgage Bankers Association, Vermont is faring better than most states in terms of delinquencies and foreclosures.
Only six states have a lower rate of serious delinquency and only 15 have a lower rate of loans in foreclosure, as of June 30, 2009.
This survey is estimated to cover approximately 85 percent of all first-lien mortgages outstanding.
The National Council of State Housing Agencies (NCSHA) has redesigned its Web site.
The Office of the Comptroller of the Currency (OCC) has published “Reverse Mortgages: Are They for You?,” a consumer advisory to help folks better understand reverse mortgages.