0 minute readMore than 100,000 Maryland homeowners are at least a month late on their mortgage payments, according to data released Wednesday from the Mortgage Bankers Association. The data show that 9.82% of mortgage loans in the state are at least a month past due. Adding in loans that are already in foreclosure, and 9.21% of mortgages are either more than three months late or foreclosed.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The non-qualified mortgage market has experienced significant growth since its introduction nearly a decade ago. 10 years in, credit ratings agencies regularly release performance metrics for investors, which provide remarkable insight into this extremely versatile asset class.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
