Mortgage-delinquency rate up in Ariz. (The Arizona Republic)
5 Sep 2008 at 5:39pm
Rate climbed to 6.05% at the end of the 2Q.
Mortgage troubles continue to mount (The Myrtle Beach Sun News)
5 Sep 2008 at 3:45pm
A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association said Friday. But the source of trouble in the mortgage market has shifted from subprime loans made to borrowers with poor credit to homeowners who had solid credit but took out ...
More record-breaking mortgage woes hit homeowners (ABC 15 Phoenix)
5 Sep 2008 at 2:40pm
The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments.
UPDATE: Foreclosures, Mortgage Delinquencies Hit Record High Again (Nasdaq)
5 Sep 2008 at 8:58am
CHICAGO (Dow Jones) -- The rate of mortgages entering foreclosure hit another record high in the second quarter, as did the percentage of loans somewhere in the foreclosure process, the Mortgage Bankers Association reported on Friday.
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