Morning Minute: Fewer mortgage delinquencies on the horizon?

Mortgage delinquencies are expected to drop in the second half of 2013, according to a new FICO survey, HousingWire reports today. In the article, “FICO: Bank risk professionals expect fewer mortgage delinquencies,” HousingWire reports that professional risk managers expect a decline as the housing market stabilizes.

More headlines:

255 Metros Listed as Improving Housing Markets in July (including Champaign, Chicago and Peoria) – NAHB

Village buys flooded homes – Chicago Tribune

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