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Foreclosures, Overdue Mortgages Increase Again - Wall Street Journal

HispanicBusiness.comForeclosures, Overdue Mortgages Increase AgainWall Street Journal - 2 hours agoBy JAMES R. HAGERTY The rate of US home mortgages overdue or in foreclosure rose again in the second quarter as housing markets weakened, particularly in California and Florida, and more borrowers defaulted on so-called prime loans.Behind latest troubles: ballooning payments Houston ChronicleState mortgage woes grow worse Seattle Post IntelligencerBloomberg - CNNMoney.com - New York....

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on Sep 05, 08

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