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Mortgage delinquincies hit record high (access required)

by Rob Larimer

Published: May 28,2009

Time posted: 12:28 pm

Tags: mortgage

A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn't expected to crest until the end of next year, the Mortgage Bankers Association said Thursday. The foreclosure rate on prime fixed-rate loans doubled ...





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