Fracking may be very bad for the environment. But it has been very good for the mortgage recovery.

Even the quickest look at the latest delinquency and foreclosure numbers put out by the Mortgage Bankers Association shows North Dakota and Wyoming, which are in the midst of an oil boom, to be at or near the top in mortgage performance – meaning they rank at or near the bottom in many categories of fewest overdues and foreclosures.

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Authoritative analysis and perspective for every segment of the mortgage industry