A new foreclosure starts every 13 seconds – tallying nearly 6,500 each day
A new foreclosure starts every 13 seconds – tallying nearly 6,500 each day !
12 percent of all mortgages are now delinquent – the highest level since the industry trade group began compiling delinquency numbers 37 years ago.
Projects 2.4 million foreclosure starts in 2009
Center for Responsible Lending (CRL)
Ouch !
