September 6, 2008

Record 9% of mortgages past due or in foreclosure (The Columbus Dispatch)

WASHINGTON (AP) — More than 4 million American homeowners with a mortgage, a record 9 percent, were either behind on their payments or in foreclosure at the end of June as damage from the housing crisis worsened, the Mortgage Bankers Association said yesterday. more…

BATON ROUGE - Hurricane victims having problems paying their mortgages won't have to worry about foreclosure during the next 90 days, says the nation's top housing official. more…

These days, record-breaking foreclosure statistics are coming out with numbing frequency. But what happens to the thousands of families after their personal financial disaster is added to the mounting national count? more…

More than 4 million American homeowners with a mortgage, a record 9 percent, were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis worsened, the Mortgage Bankers Association said Friday. more…

WASHINGTON — A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association said Friday. But the source of trouble in the mortgage market has shifted from subprime loans made to borrowers with poor credit to homeowners who had solid credit … more…

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