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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: mortgage delinquency

mortgage delinquency stories: 22 news summaries

21 - 22 of 22 Stories | << Prev 1 2

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Lenders Turning Blind Eye
to Overdue Payments

Overwhelmed banks taking much longer to foreclose on homes

Apr 4, 08 4:24 PM CDT
(Newser) - With foreclosures skyrocketing, overwhelmed mortgage lenders are turning a blind eye to homeowners who haven’t paid up, letting them live in their houses despite delinquency, Bloomberg reports. The 3.6% of borrowers at least 90 days behind is almost twice the percentage foreclosed upon. Lenders’ delays are skewing foreclosure... More »

MORE ABOUT:
housing market • bank • borrowers • mortgage lender • housing crisis • subprime crisis • mortgage delinquency

Foreclosures Soar in Q4

Borrowers' poor credit, not rate resets, blamed for latest spike

Mar 6, 08 1:55 PM CST
(Newser) - Home foreclosures and mortgage delinquency in the US saw record highs in the last three months of 2007. Reuters reports that 0.83% of US loans entered foreclosure in the fourth quarter, close to double the 0.54% of the same period in 2006. Mortgage delinquency hit 5.82%, the... More »

MORE ABOUT:
foreclosure • mortgage • Mortgage Bankers Association • credit crisis • housing crisis • mortgage delinquency

21 - 22 of 22 Stories | << Prev 1 2


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