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Real Estate & Property Law

: Housing Wire

Deutsche Bank Sees Delinquencies Spike with Unemployment

By DIANA GOLOBAY

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A July securitization report out of Deutsche Bank draws an important link between spiking unemployment, rising delinquencies and plunging home prices. Deutsche researchers note June’s 9.5% unemployment rate is well above the 5.6% level seen a year ago and marks the highest rate since the early 1980s. Much has changed since the ’80s, including the extent [...]

Full post as published by Housing Wire on July 09, 2009 (boomark / email).

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