Real estate blog entries tagged with mortgage by LaserShield Direct (LaserShield DIRECT)

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Home : Blogs : LaserShield Direct : LaserShield DIRECT Home Security Blog : Tag "mortgage"

mortgage: Prime Borrowers beginning to default on mortgage payments - 11/14/09 08:06 PM

13.16% of all residential mortgages are in trouble. With about 51 million houses with mortgages in the country, that means 6.71 million bad mortgages out there. With the number of people out of work still rising, the problem is likely to continue to get worse for quite a while according to an article on the investing blog site Seeking Alpha. At the end of the second quarter, 4.3% of all residential mortgages were in some part of the foreclosure process, up from 3.85% at the end of the first quarter and 2.75% a year ago. In addition, on a seasonally adjusted … (2 comments)

mortgage: 13.16% of all residential mortgages are in trouble. - 08/30/09 07:42 AM

Not sure if everyone saw this, but this post on "Prime Borrowers Now Going Into Foreclosure" from RateNerd.com.

Here is an excerpt:
13.16% of all residential mortgages are in trouble. With about 51 million houses with mortgages in the country, that means 6.71 million bad mortgages out there. With the number of people out of work still rising, the problem is likely to continue to get worse for quite a while according to an article on the investing blog site Seeking Alpha. At the end of the second quarter, 4.3% of all residential mortgages were in some part of the foreclosure … (5 comments)

mortgage: What's in a GFE Good Faith Estimate - 04/08/09 09:36 AM

I thought this was a pretty good post and worth passing along - explains what a GFE is and how to use it when comparing loans: http://ratenerd.com/whats-a-good-faith-estimate-gfe-from-my-mortgage-lender-1024
… (0 comments)

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