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Mortgage delinquencies hit record-high in 3Q - USATODAY.com
Mortgage delinquencies hit record-high in 3Q - USATODAY.com.
WASHINGTON (AP) — More than 14% of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September, a record-high for the ninth straight quarter and a problem that could threaten the U.S. economic recovery.
3 Responses to “Mortgage delinquencies hit record-high in 3Q - USATODAY.com”
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February 25th, 2010 at 1:39 am
AUDIT THE FED!
June 3rd, 2010 at 1:04 pm
Home prices got too high. There is no quick and easy fix from that, regardless of who is in the White House. Guess its up to the people
June 29th, 2010 at 8:17 pm
All that this means is that the next big crisis will be the bailout of the FHA. . For the past 2 years the majority of new home loans have been done through the FHA. With traditional lenders tightening their programs so much, the FHA has picked up the slack. All of these loans are government guaranteed. What a mess this will be.