| Sep 10, 2012 3:06PM Delinquencies declined 1.6 percent from June to July resulting in a mortgage loan delinquency rate of 7.03 percent and pre-sale foreclosure inventory was down 0.2 percent to 4.08 percent according to the Mortgage Monitor report from Lender Processing Services. At the same time, foreclosure starts rose 7.1 percent to 185,811 from 173,556 in June but starts were down 10.5 percent from the 207,539 foreclosure starts in July 2011. Starts are outnumbering sales and 90+ day liquidations by a factor of... Sep 10, 2012 10:11AM The Securities Industry and Financial Markets Association ( SIFMA ) joined by 25 other trade associations has fired another salvo in the mortgage eminent domain fight that originated in California in June. The 26 organizations sent a letter Friday to the Federal Housing Finance Agency in response to their requests for comments on its own statement strongly opposing the eminent domain proposals. Briefly, the cities of Chicago and Berkley California have followed in the footsteps of San Bernardino...
 | 
