CFPB: Rhode Island mortgage delinquencies lag other N.E. states

ACCORDING TO THE Consumer Financial Protection Bureau's
ACCORDING TO THE Consumer Financial Protection Bureau's "Mortgage Performance Trends" tool, Rhode Island's percentage of mortgages of at least 90 days delinquent totaled 1.6 percent, lagging behind the United States and four New England states. / COURTESY CONSUMER FINANCIAL PROTECTION BUREAU
WASHINGTON – Rhode Island has a greater percentage of serious delinquent mortgages than most New England states and the United States on average, representing a measure that reflects economic distress. The Consumer Financial Protection Bureau last month launched a new tool showing mortgage performance nationwide. Rhode Island’s percentage of mortgages of at least 90 days…

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