Foreclosure Woes Mount For Those With Good Credit - Channel 3000

NEW YORK -- 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 ..., more 
and More Foreclosure Woes For Good Borrowers - San Francisco Gate  The foreclosure rate on prime fixed-rate loans doubled in the last year, and now represents the largest share of new foreclosures. Nearly 6 percent of fixed-rate mortgages to borrowers with good credit were in the foreclosure process. At the same ..., more 
and Foreclosures hit record high - Portland Business Journal  Oregon ranks No. 32 among all states in foreclosures during the first quarter of 2009, according to a report from the Mortgage Bankers Association . Of the state's 636,000 mortgages, 2.21 percent are in foreclosure. Nationwide, the rate of ..., more