Mortgage Statistics: 4.1 Million Loans Either Delinquent Or In ForeclosureSeptember 20, 2011 1:54 am
We have spotted multiple housing stats before. We spotted this today:
” As of the end of July, 4.1 million loans were either 90 or more days delinquent or in foreclosure, as delinquencies remain two times and foreclosures eight times pre-crisis levels. Foreclosure sales remain constricted, with foreclosure starts outnumbering sales by a factor of almost three to one.”
Statistics Source: LPS
We have written about how the disease is spreading to China.