Arizona delinquencies on past-due home loans fell by one-fourth over the 12  months ending in March, reports credit-researcher TransUnion.  TransUnion defines delinquencies as the percentage of borrowers who are 60 or  more days past due. That gave Arizona the nation’s best delinquency-improvement rate. Arizona’s mortgage-delinquency rate fell to 6.86 percent at the end of March, 

Recent statistics show foreclosure activity is declining, but the nation’s foreclosure problem is far from over. Five million foreclosures have occurred since 2007, according to the Center for Responsible Lending. According to the center’s estimate, there are 3 million to 5 million more foreclosures expected in the next couple of years.  That means, we are

Good news: foreclosures are down. Bad news: Arizona is still #2 in the nation for the number of foreclosures. Foreclosure listing firm RealtyTrac Inc. reported today that nearly 1.9 million homes entered the foreclosure process in 2011, the lowest level since 2007 when the recession began. The firm cautioned that the decline does not necessarily