Snapshot of a Foreclosure Crisis
Posted by US Loan Auditors in
Foreclosure,
Mortgage Crisis on 12 9th, 2009 |
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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...