Relevant:
- Foreclosures Climb 38% to Record in U.S. as Banks Process Backlog of Homes
- Mortgage Delinquency Rates Predict More Foreclosures Ahead
- Discounted Foreclosures Account for 25% of Home Sales in Third Quarter
- Rich Default on Luxury Homes Like Subprime Victims
- U.S. Homeowners Shift to 15-Year Loan Refinancing to Add Equity
2008-04-24 — doctorhousingbubble.com
``“Of the homeowners in default, an estimated 32 percent emerge from the foreclosure process by bringing their payments current, refinancing, or selling the home and paying off what they owe. A year ago it was about 52 percent. ''
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