Monday, December 22, 2008

Mortgage re-defaults rise with no sign of slowing (Reuters)

A house is seen, which is in foreclosure in Detroit, Michigan December 11, 2008. (Carlos Barria/Reuters)Reuters - The rate of home mortgage borrowers defaulting after their loans are modified is rising and may worsen as the economy deteriorates, U.S. banking regulators said on Monday.

View Original Article

No comments:

Post a Comment