Of course, reports of mortgage delinquencies are going to drop when the banks refuse to report them because they don't want to show how bad their mortgage balance sheet actually is and how insolvent they really are.
in reference to:"The rate of 60+ day delinquencies among US mortgages fell 12 basis points (bps) to 6.77% in Q110, from 6.89% in the previous quarter, according to market research by credit bureau TransUnion."
- TransUnion Sees Delinquency Fall for First Quarter Since 2006 « HousingWire (view on Google Sidewiki)
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