Today’s Economic Note

Ugh. I hate to have to tell you, but it’s getting bad out there. REALLY bad. via Yahoo and AP.

Home Foreclosures Set Record in First Quarter

Home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis’ mounting damage to homeowners and the economy. The latest snapshot of the mortgage market, released Thursday, showed that the proportion […]

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