Mortgage re-defaults rise with no sign of slowing
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081222/2008_12_22t112527_450x299_us_financial_defaults.jpg?x=130&y=86&q=85&sig=IeQCiM7F9Upa_cxdx74kbg--" align="left" height="86" width="130" alt="A house is seen, which is in foreclosure in Detroit, Michigan December 11, 2008. (Carlos Barria/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081222/bs_nm/us_financial_defaults)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.</p><br clear="all"/>
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