Regulators Say Banks Have 20% Delinquency Rate On $2.6 Trillion Mortgage Portfolio

Who says the mortgage crisis is over?  Regulators revealed today that the nation’s banks and thrifts have an alarming delinquency rate of almost 20% on their $2.6 trillion mortgage portfolio. The Office of the Comptroller of the Currency and the Office of Thrift Supervision jointly released the 2011 first quarter Mortgage Performance Report.  The Report […]