Mortgage Bankers Association, which conducts a survey of loan servicers and claims to have data on 44 million loans. This is the “National Delinquency Survey.” It covers over 80% of the approximately 50 million outstanding loans, including more than half of the nonprime market.

According to the MBA, 1.28% of all loans outstanding in the U-S were in the foreclosure process in the first quarter of this year. That’s up from 1.19% in the fourth quarter of last year and is up from 0.98% in the first quarter of 2006. The average since 1990 is 1.1%, so that is a jump.

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