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Loan Modification

: Loan Modification & Home Loan News

How bad is the housing situation?

By Moe Bedard

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Really bad, at least if you believe new data out of the Mortgage Banker’s Association. One in every 10 mortgage holders is now officially “delinquent” — that is to say, late on at least one payment. That’s an all-time high. And that’s not the only record we’re setting: About one in 20 loans is now [...]

Full post as published by Loan Modification & Home Loan News on May 20, 2010 (boomark / email).

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