Monday, May 25, 2009

Safer mortgages starting to fall into foreclosure - Denver Post

As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures. In the latest phase of the nation's real estate disaster, the locus of trouble has shifted ..., more 
and Foreclosure "third wave" coming, economists say - Seattle Times  As job losses rise, growing numbers of U.S. homeowners with once-solid credit are falling behind on their mortgages, amplifying a wave of foreclosures. In the latest phase of the nation's real-estate disaster, the locus of trouble has shifted from ..., more 

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