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Pet Stories - Fund Food For Animals
May 20, 2007
Why Mortgages Become Delinquent
May 20, 2007
Surprisingly, unemployment and income losses are not a rising cause for mortgage delinquencies – at least for the millions of single-family home mortgages acquired by Freddie Mac. Job-income loss accounted for 36 percent of delinquencies last year, compared with to 43 percent in year 2005.
An increasing number of delinquencies are caused by excessive borrower [...]
Posted in All Things San Diego, Lending, Real Estate, Things of Interest, Thought For Today No Comments »
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