Mortgage Statistics: 4.1 Million Loans Either Delinquent Or In Foreclosure

September 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.

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