Welcome to 2008. Looking a whole lot like 2007.
Defaults on Insured U.S. Mortgages Increase 35% to Record as Slump Deepens
Defaults on privately insured U.S. mortgages rose 35 percent in November to a record, an industry report today showed, adding to evidence the U.S. housing slump is deepening. The number of insured borrowers falling more than 60 days late on [...]
Tags: Economy, Foreclosures
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