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Foreclosure: Not Just for Deadbeats Anymore

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May 28, 2009 – Comments (3)

Yet the stock market continues to fly upward...

Borrowers with good credit fuel foreclosures in 1Q- AP

The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as job losses and pay cuts exact their toll.

3 Comments – Post Your Own

#1) On May 28, 2009 at 9:46 PM, Bensquire (< 20) wrote:

And this news is surprising, how?  Anyone with half a brain could see this coming.  There will be more to follow that is for sure.

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#2) On May 28, 2009 at 11:31 PM, vmh104 (< 20) wrote:

And this news is surprising, how?

Not that news it's  the stock market continues to fly upward...that's surprising

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#3) On May 29, 2009 at 12:01 AM, EatYouLunch (28.08) wrote:

No more mark-to-market and CDO/MBS like junks are transferring to taxpayers through PPIP...

Only small banks are in trouble 

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