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Real Estate & Property Law

: Housing Wire

Delinquencies up 43% from 2008

By DIANA GOLOBAY

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On the heels of a record quarter in home price declines, homeowners continue to slip underwater on their mortgages and fall increasingly delinquent on payments. The trends are not stopping at Q109, with April recording steep delinquencies to start off Q209. Total mortgage delinquencies rose slightly in April to 8.1%, according to a monthly report published by [...]

Full post as published by Housing Wire on May 27, 2009 (boomark / email).

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