Relevant:
2007-12-13 — housingwire.com
Delinquencies — representing newly-troubled borrowers not yet in foreclosure — climbed dramatically during November, with the number of delinquent loans rising 41 basis points as a percentage of loans serviced to 6.34 percent. The number of delinquent loans stood at 4.57 percent one year ago. As a percentage of unpaid principal balance, delinquencies rose an even more staggering 58 basis points.
At this rate of growth delinquencies would more than double in a year. Scary.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.