Wednesday, May 25, 2011

Housing crisis: A sign that the worst is over

By Les Christie May 19, 2011: 2:14 PM ET
mortgage-bankers-delinquency-report.gi.top.jpgAfter several years of pain, the latest statistics from the Mortgage Bankers Association point to a housing market on the mend.

NEW YORK (CNNMoney) -- The mortgage delinquency picture is getting brighter, according to an industry report released Thursday, with falling delinquency rates indicating the housing crisis may be at the beginning of its end.

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