Obama housing stats underscore the fragility of the market

Obama housing stats underscore the fragility of the market Mortgage delinquencies along with foreclosure-related activity are dropping compared to a year ago, according to the Obama administration's most recent housing scorecard. But experts are unwilling to say the figures signal positivity in the market. Department of Housing and Urban Development Assistant Secretary Raphael Bostic said February's stats undermine the true fragility of the marketplace. Both HUD and the Treasury Department compile data for the monthly scorecard.