Upcoming Foreclosures

higher delinquencies1

higher delinquencies1

Summary: credit bureau which is releasing the data on Tuesday first started tracking these statistics in 1992 It compares with an expected delinquency rate of 4 67 at the end of 2008 The big culprit is adjustable rate mortgages that were underwritten several years ago when lending standards were loose Now many of the initial teaser rates on these loans are expiring and

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