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Loan Modification

: Loan Modification & Home Loan News

Mansion Foreclosures Surge

By Moe Bedard

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The percentage of $1 million-plus loans more than 90 days delinquent rose to 13.3% in February, half again as high as the 8.6% overall delinquency rate, according to First American CoreLogic, which tracks U.S. real estate and mortgages. The statistic, from this Reuters article, points to a sobering reality amid the happy talk of newly [...]

Full post as published by Loan Modification & Home Loan News on June 30, 2010 (boomark / email).

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