Fannie, Freddie Defaults Rise as Borrowers Cite Lower Income

April 21 (Bloomberg) — Fannie Mae and Freddie Mac mortgage delinquencies among the most creditworthy homeowners rose 50 percent in a month as borrowers said drops in income or too much debt caused them to fall behind, according to data from federal regulators. The number of so-called prime borrowers at least 60 days behind on […]