But a one-time loss beats a portfolio of delinquent mortgages.

Susan Weeks, a spokeswoman for the company, said that more than 40 percent of Citicorp's delinquent mortgages were in the Northeast.

One of Resolution Trust's difficulties has been selling delinquent mortgages and shaky loans, of which it holds more than $21 billion.

Orders to the nation's factories rose for the third time in four months in January, and delinquent mortgages declined.

While there have been signs of improvement in the past year as evidenced by the year-over-year decline in newly delinquent mortgages, the market is still fragile.

A short sale can prevent a foreclosure and may reduce your chances of being sued by your lender over a delinquent mortgage.

Under the agreement, HUD said it would direct banks holding the delinquent mortgages to make sure the tenants were being taken care of.

Next thing you know, his wife divorced him and his banks were hounding him because he had two delinquent mortgages.

In Connecticut, delinquent mortgages represented 3.09 percent of all outstanding home loans in 1988 and 3.50 percent the following year.

More ominous are the soaring totals for delinquent mortgages and nonperforming real estate loans.