Mortgage Delinquencies Down from Third Quarter, but Still Up from 2008

There's good news and bad news in the most recent U.S. mortgage delinquency data: The good news is that the seasonally adjusted delinquency rate for one- to four-unit residential properties fell to 9.47% of all loans at the end of the fourth quarter, compared to 9.64% at the end of the third quarter, the Mortgage Bankers Association announced Friday.