Delinquencies and foreclosures set 9th straight record in 3rd quarter as layoffs keep rising
Foreclosures hitting more people with prime loans Delinquencies and foreclosures set record in 2nd quarter, driven by prime loan defaultsWASHINGTON — With the recession throwing thousands of people out of work daily, more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or are in foreclosure. |