Delinquencies up 20% quarter-over-quarter

How will housing affect the US and world economy? How will the economy affect housing?

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Delinquencies up 20% quarter-over-quarter

Postby lamont » Mon Dec 21, 2009 11:11 am

foreclosure crisis still not peaked yet:

http://news.yahoo.com/s/nm/20091221/bs_ ... _mortgages

WASHINGTON (Reuters) – Serious delinquencies among U.S. prime mortgages rose nearly 20 percent in the third quarter from the prior quarter, as the percentage of current and performing mortgages fell for the sixth consecutive quarter, banking regulators said on Monday.
lamont
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