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Loan Modification

: Mortgage Lender Implode-o-Meter

Decaying Apartments Symptom of Housing Crisis

By Implode-Explode Heavy Industries

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"Across the country, multifamily mortgages covering 340,000 apartment units and worth an estimated $28.8 billion were delinquent or in foreclosure at the end of 2009 ? more than 18 times the sum from two years earlier ? according to Real Capital Analytics."

Full post as published by Mortgage Lender Implode-o-Meter on February 22, 2010 (boomark / email).

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