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Real Estate & Property Law

: The Home Equity Theft Reporter

Sloppy Underwriting, Probable Fraud Driving Surging FHA Default Rates In Florida?

By r morris

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The Wall Street Journal's Developments Blog reports:While FHA serious delinquencies have soared since last summer, nowhere is that more true than in Florida, at least according to the Monthly Report to the FHA Commissioner for January (released last week). Of the 50 metro areas with the highest default rates in the FHA?s Single-Family Mortgage Program in December 2008 (the latest data shown in

Full post as published by The Home Equity Theft Reporter on April 01, 2009 (boomark / email).

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