earlier today, more news rocked wall street , down more than 100 points in early trading ...
A report by mortgage bankers Association, a mortgage industry goupr said "says a record 9.2 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount.
The latest quarterly snapshot by the Mortgage Bankers Association on Friday broke records for late payments, homes entering the foreclosure process and for the inventory of loans in foreclosure.
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