FHFA: Fla. tops in year-late home loans
Fla. tops in year-late home loans and Congress and the Obama Administration is clueless.
166K Fla. homes had been in the foreclosure process for over a year at end of 2011; No. 2 state had only 42K that old. Read more.
That’s by far the largest pool of prolonged delinquencies nationally, with Illinois carrying the second-highest share of year-old unpaid loans at 42,000. It’s also higher than every state’s total delinquency rate except California, which had 174,000 mortgages late onpayments.
We as a country should be very concerned when the folks we send to Washington cannot not see let alone fix the housing crisis. It is as if the DC crowds does not think home ownership is worth even talking about and maybe that is the problem we have a house full of clueless folks that think they need to sit around and wait on the next election and in the mean time let the country become a government dependent nation. Fla. tops in year-late home loans and Congress and the Obama Administration is clueless.
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