How Many Delinquencies Are On New Mortgages?

How Delinquencies Mortgages - Politics, Business, Civil, History - Posted: 21st Nov, 2009 - 3:50pm

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Post Date: 21st Nov, 2009 - 12:33am / Post ID: #

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How Many Delinquencies Are On New Mortgages?

How many delinquencies are on new mortgages?

Mortgage delinquencies keep rising and are now occurring in a huge way among borrowers who had been rated good credit risks. Just about every category of mortgages gone bad hit a new record in the third quarter, according to the Mortgage Bankers Association. Ref. Source 4

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Post Date: 21st Nov, 2009 - 3:50pm / Post ID: #

How Many Delinquencies Are On New Mortgages?
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Mortgages On Delinquencies How

I think that if the new refinanced mortgages have not defaulted as of yet that it will not be long before they do. You can not just put a band-aid on a problem and hope that it goes away. We need a real solution to the home mortgage crisis because it has not gone away.



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