Pallotta Says Mortgage Delinquencies Tied to Home Values

Aug. 22 (Bloomberg) -- Frank Pallotta, a managing partner of Loan Value Group, talks about the in...  More »

Aug. 22 (Bloomberg) -- Frank Pallotta, a managing partner of Loan Value Group, talks about the increase in the percentage of U.S. mortgages overdue by one month. The share of home loans overdue by 30 days rose to 3.46 percent of all mortgages, from 3.35 percent in the first quarter, according to a report today from the Mortgage Bankers Association in Washington. Pallotta speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)  « Less