Delinquencies up 20% quarter-over-quarter
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.
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.