The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 8.22% of all loans outstanding as of the end of 4Q10. This amounts to a 91 basis point decrease from 3Q10, and a 125 basis point drop from a year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.

The non-seasonally adjusted delinquency rate decreased 46 basis points to 8.93% this quarter from 9.39% last quarter.

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