Delinquencies, Foreclosures Reach Record Highs
POSTED ON: TUE, JAN 12, 2010
One in every 7.5 U.S. homeowners were either behind on their mortgage payments or in foreclosure in November, according to a report by Lender Processing Services, a mortgage performance data and analytics firm. Its December 2009 Mortgage Monitor report summarizes mortgage industry performance indicators based on data collected as of November 30, 2009.