Not really a surprise for anyone that’s been paying even half-attention, but the third quarter numbers for foreclosures in the US don’t exactly paint a pretty picture:
The Mortgage Bankers Association in its quarterly snapshot of the mortgage market released Thursday said that the percentage of all mortgages nationwide that started the foreclosure process jumped to […]

It looks like the writing is on the wall, as far as the knee-jerk mortgage rate freeze plan becoming a reality. Some highlights include:
Another person familiar with the matter said the rate-freeze plan would apply to borrowers with loans made at the start of 2005 through July 30 of this year with rates that are […]