Eugene David
...The One-Minute Pundit

Wednesday, September 30, 2009


Foreclosures jumped 16% in Q2 to 2.9% of all serviced mortgages, delinquencies hit 8.5% of all mortgages, while home retention actions such as loan mods were up by 21.7%, according to a report today from the OTS. Report says data continues to reflect "negative trends influenced by weakness in economic conditions including high unemployment and declining home prices in weak housing markets."

DOW 60,0 -- oops, not today.

Home
Site Meter eXTReMe Tracker