Navigation

The American foreclosure crisis, Beverly Hills-style

Search

2012-02-19sundayszaman.com

"Across the United States, the largest increase in foreclosures and delinquencies, compared with 2008 levels, is with "jumbo" mortgages - loans too large to be insured by Fannie Mae and Freddie Mac, the government controlled mortgage finance providers. Foreclosures on jumbo loans are up 579 percent since 2008, greater than any other form of loan, "


Comments: Be the first to add a comment

add a comment | go to forum thread