I guess it is all about what you are looking for. Both of these stories are about the same TransUnion quarterly analysis of late mortgage payments.
The TransUnion press release seems to see good news:
TransUnion: National Mortgage Loan Delinquencies Experience Largest Quarterly Decline Since Fourth Quarter of 2006
The AP story as it ran in the News Journal sees trouble coming:
Delinquencies Jump in Northeast
I expect that both of these stories are accurate. The TransUnion story is focused on the national stats compared to the previous quarter.
To get to the negative story, the AP chose to focus on the Northeast states 3d quarter this year compared to 3d quarter last year. I guess they are just “glass half full” types.
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