Wednesday, November 30, 2011

The Wealthy Are Also Defaulting on Their Mortgages

November 30, 2011

There are many who believe that mortgage delinquencies in their region are concentrated in the middle-to-lower income neighborhoods. Actually, the research shows the number of delinquencies in the higher priced sections are currently exceeding the percentages in less affluent areas. The most recent Mortgage Monitor issued by LPS reports that the largest increase in both [...]

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