Snapshot of a Foreclosure Crisis
Posted by US Loan Auditors in Foreclosure
, Mortgage Crisis
on 12 9th, 2009 | No Comments
Originaly by: Responsible Lending
The magnitude of foreclosures and associated costs are daunting; the numbers tell the story.
1. Number of loans already lost to foreclosure 1.5 million
2. Projected foreclosures on all types of loans during the next 5 years 13 million
3. Portion of all homeowners late...