1 in 7 US Home Loans in Foreclosure or Delinquent
November 20th, 2009
| Tags: a-year-earlier, driver-behind, home-loan, recovery
NEW YORK (Reuters) – A record one in seven U.S. mortgages were in foreclosure or at least one payment past due in the third quarter, according to fresh data signaling the recovery in the housing market will be tepid at best. U.S. mortgage delinquency rates and the percentage of loans that entered the foreclosure process also
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1 in 7 US Home Loans in Foreclosure or Delinquent
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