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Fewer mortgage delinquencies in Birmingham

In March, the mortgage delinquency rate in Birmingham saw a decrease from the rate in March 2010.  According to national research firm CoreLogic, 6.93 percent of mortgage loans in Birmingham were 90 days or more overdue in March.  A year before, 7.22 percent of mortgage loans in Birmingham were reported to be delinquent.

The mortgage delinquency rate statewide also decreased when comparing March 2010 and March 2011.  Last year, 6.18 percent of mortgage loans were 90 days or more past due in Alabama.  This year, only 5.63 percent of mortgage loans were past due in the state.  Nationwide, the mortgage delinquency rate decreased from 8.3 percent in March 2010 to 7.54 percent in March 2011.

If you or someone you know has questions about mortgage foreclosure, contact the Birmingham foreclosure defense lawyers of Greenway Bankruptcy Law, LLC at (205) 324-4000 to learn more about protecting your home.

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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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