Mortgage-paying problems spreading (The Washington Times)
The housing foreclosure and delinquency crisis, which erupted last year as subprime borrowers with adjustable-rate mortgages began to default at record levels, has now begun to hit morecredit-worthy homeowners to an extent not seen before, according a quarterly report issued Friday by the Mortgage Bankers Association (MBA).
Read More.. and DISCUSS
The housing foreclosure and delinquency crisis, which erupted last year as subprime borrowers with adjustable-rate mortgages began to default at record levels, has now begun to hit morecredit-worthy homeowners to an extent not seen before, according a quarterly report issued Friday by the Mortgage Bankers Association (MBA).
Read More.. and DISCUSS