The national delinquency rate on outstanding home mortgages ticked up to 8.44% in the second quarter, which means roughly $793.4 billion of residential loans are 30 days or more past due.

According to new figures compiled by the Mortgage Bankers Association (MBA), late payments increased 12 basis points from the first quarter, but are down 141 basis points from a year ago. (The numbers are seasonally adjusted.)

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