Relevant:
- Primed for Trouble: Pace of Mortgage Distress Shifts to Prime Borrowers
- LPS' Report Finds Repeat Foreclosures Makeup 35 Percent of Foreclosure Starts
- U.S. Housing Recovery Delayed to 2010 as Market Wanes
- Foreclosures predicted to beat last year's record setting number
- Hopes run high for tax-credit expansion
2009-11-21 — boston.com
"Looks like the foreclosure mess won’t be going away anytime soon. Just as all the hoopla over the extension of the home buyer tax credit starts to fade, along comes the The Mortgage Bankers Association to bring the market back to reality. One in seven loans is now in foreclosure, up from one in ten at the start of the year. It’s the highest on record since the MBA began track this stuff in 1972."
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