Tuesday, September 22, 2009

Equifax: Mortgage Delinquencies Set Record

Equifax: Mortgage Delinquencies Set Record - FOXBusiness.com

NEW YORK--High U.S. unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from the Equifax Inc credit bureau showed on Monday.

Comment: For a lot of families who have experienced layoffs, the American dream of home ownership has slipped away.

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