mortgage defaults

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Latest blogosphere posts tagged “mortgage defaults”

 

• Missed mortgage payments drive consumer credit defaults

  
  Housing Wire — Authority: 665
  U.S. consumers defaulted on credit in December at a rate of 2.24%, the highest rate since 2.3% in April, according to an index by Standard & Poors and Experian.Credit defaults increased two basis points from 2.22% in November, though they declined from 3.01% in December 2010.S&P said mortgage defaults drove ...
  1 week ago

• Half a Million Families Will Lose Homes Due to Debt Crisis

  
  Spanish Property News — Authority: 412
  The numbers are chilling. According to a study by the Association of People Affected by Foreclosure and Auctions (AFES) on the impact of mortgage defaults in Spain, from 2008 to 2015 “a total of 510,000 families will have lost their home as a product of the consequences of the economic crisis”. A harsh reality ...
  1 week ago

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