ST Alpha - "I read that 10% of all homeowners are at least 60 days in default of their payments. -- nm" (Reading a Post)

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In response to "SITWAP: 23% of homeowners upside-down on their mortgages. -- (link)" by TFox

I read that 10% of all homeowners are at least 60 days in default of their payments. -- nm

Posted by Loyola Nov 24 '09, 07:35

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Responses:

Mortgage holders rather. -- nm - Loyola Nov 24, 07:35 1
- I heard somewhere (NPR maybe?) that there may be a second wave of foreclosures, as a lot of ARMs are about to convert. -- nm - loosilu Nov 24, 07:41

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