Parsad Posted November 22, 2009 Share Posted November 22, 2009 About 14.4% of all U.S. home loans are now in foreclosure or 30 days past due on their payment. The Mortgage Banker's Association expects foreclosures to keep rising into 2010. Cheers! http://www.latimes.com/business/la-fi-mortgage-defaults20-2009nov20,0,1052221.story Link to comment Share on other sites More sharing options...
Zorrofan Posted November 22, 2009 Share Posted November 22, 2009 Given that unemployment is expected to continue rising until the end of 2010 this is no real surprise. I believe we are no where near the end of this yet..... cheers Zorro Link to comment Share on other sites More sharing options...
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