U.S. home foreclosures hit another record high in Q4
U.S. home foreclosures reached another record high in Q4 2007, the Mortgage Bankers organization announced.
A record 0.83% of mortgages were entering the foreclosure process in the final three months of 2007, compared to 0.54% for the same period in 2006, the MBA announced.
In addition, the delinquency rate reached 5.82% in
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Original post by Joseph Lazzaro
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