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RD Today => All the News => Business News => Topic started by: chris on December 05, 2008, 04:59:12 PM

Title: Reuters: Late mortgage payments and foreclosures hit record
Post by: chris on December 05, 2008, 04:59:12 PM
Late mortgage payments and foreclosures hit record
      


NEW YORK (Reuters) - Late mortgage payments and the rate of home loans in foreclosure rose to record highs in the third quarter, threatening to escalate as the recession erases jobs and further strains homeowners, the Mortgage Bankers Association said on Friday.<div class="feedflare">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=ffUIWAko) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=qmSKIyEB" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=qmSKIyEB) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=dG5OwlFB" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=dG5OwlFB)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/swcH5xYS9EI" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/swcH5xYS9EI/idUSTRE4B442320081205