Posted by John V, FL on September 24, 2003 at 18:06:58:
>The delinquency rate for mortgage loans on one-to-four-unit residential properties in California increased, while the percentage of mortgage in the foreclosure process fell in the second quarter of 2003, according to the California Mortgage Bankers Association
I see the same things in my areas. David could it be all the newbies and flush with cash long time investors desperate to place money working out very marginal deals with motivated sellers and reinstating the loans?