CHICAGO, IL–(Marketwire – November 01, 2010) – The number of consumers “rolling” their delinquency status on mortgage payments from 30- to 60 and 60- to 90 days past due peaked in July 2009, according to a new study from TransUnion. Approximately 24.4 percent of consumers who were 30 days past due on their mortgage payments in June 2009 became 60 days past due in July 2009, and nearly 37.6 percent of consumers 60 days delinquent on their mortgage payments became 90 days late in that same time.  Source:  TransUnion

BIIA Newsletter November II – 2010 Issue