3.05.2009

Mortgage Delinquences Highest Since 1972

“The combined percentage of loans in foreclosure and at least one past due was 11.18 percent, the highest ever recorded by the Mortgage Bankers. The percentage of loans 60 days past due and 90 days or more past due all broke records set last quarter. “
http://www.bloomberg.com/apps/news?pid=20601103&sid=aWD5qV_yNFiM&refer=news

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