Mortgage Defaults: Signs of Recovery

According to the latest UFA mortgage report by University Financial Associates the stage is set for a recovery in the housing market. The UFA Default Risk Index edged lower for the fourth quarter of 2011, which suggest that residential default and prepayment risks are continuing their return to normalcy. With consumer balance sheets improving and mortgage rates at record lows, the stage is set for a recovery in the housing market. For more details on full story Click Here