1-in-10 Homeowners In Delinquency

Fri, 12/05/2008 - 12:48pm | posted by Guy Fawkes

Even the world’s most powerful entity, the United States Government, has be unable stop to the market from purging the surpluses of the FED induced housing boom. According to a report by the the Mortgage Brokers Association 10% of Americans with a mortgage are in foreclosure or are at least one month behind in their payments.

  • 677 reads
  • Tagged: Economy Financial Crisis Financial Crisis News Subprime Mortgages
 

Twitter

The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.