Thursday, November 1, 2007

Defaults on Insured Home Mortgages Rise 22 Percent (Update2) (Bloomberg.com)

Oct. 31 (Bloomberg) -- U.S. homeowners defaulted last month on 22 percent more privately insured mortgages than a year earlier after house prices fell the most in at least six years, an industry report today showed.

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[Source: Yahoo! News Search Results for mortgages]

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