Relevant:
- Insured Defaults up 10%
- Insured Mortgage Defaults Up 47 Percent: Report
- Defaults on Insured Mortgages Rise 30 Percent
- Defaults on Insured Mortgages Rise 38% in February
- FHA bailout inches closer -- FHA defaults surge 26 percent while upping mortgage insurance premiums to make loans more expensive. Foreclosure starts outnumber foreclosure sales 3 to 1.
2008-05-30 — thetruthaboutmortgage.com
"As a result of one lender’s adjustment in methodology for recording delinquencies, defaults on privately-insured mortgages jumped roughly 20 percent in April."
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