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Dallas Defaulted Home Loans Increase
(Housing : Dallas-Fort Worth-Arlington) 11/6/2009

DALLAS (Dallas Morning News) – The number of Dallas-area home loans that were 90 days or more late rose to 4.95 percent in September, while an additional 1.26 percent of mortgages were in foreclosure, according to First American CoreLogic.

Local late payments in September were higher than Texas’ 4.57 percent rate, but still below the national average of 7.27 percent.

The national rate of foreclosures was 1.67 percent in September.


Also see complete RECON issue for 11/6/2009.


Material herein is published according to the fair-use doctrine of U.S. copyright laws related to non-profit, educational institutions. Items attributed to sources other than the Real Estate Center at Texas A&M University should not be reprinted without permission of the original source.

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