Thursday, May 28, 2009

Oregon foreclosure rate nears 1980s peak - Oregonian

Oregon's foreclosure rate spiked in the first quarter of 2009 to a level seen only once before in the last 30 years, according to a report released today. The Mortgage Bankers Association report shows 2.21 percent of Oregon's 636,000 outstanding ..., more 
and 1 in 8 US homeowners late paying or in foreclosure - Forbes  NEW YORK, May 28 (Reuters) - One out of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process, in a crisis that will persist for at least another year until unemployment peaks, the Mortgage ..., more 
and At 12% a record number are behind on mortgage or in foreclosure - Seattle Times  An industry report shows that 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. An industry report shows that a record 12 percent of ..., more 

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