Housing Market, Borrower | featured news

Mortgage delinquencies spike 10%

Mortgage delinquencies spike 10%

A dubious distinction was reached during the first three months of 2010: More than 10% of all borrowers are now behind on their mortgage payments.

 

Foreclosure Rate Up 17 Percent

Jump comes despite extensive federal program aimed at helping borrowers stay in their homes.

 

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