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Delinquencies, foreclosures down in fourth quarter

The fourth-quarter 2004 National Delinquency Survey, released by the Mortgage Bankers Association, shows that the seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 4.23 percent at the end of the fourth quarter, down 26 basis points from the fourth quarter of 2003 and down 18 basis points from the third ...

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