From the foreclosure front you can see how effective the "prevention" plans on foreclosures have been
According to the Federal Reserve the percentage of mortgages 90 days or delinquent in a county
National rate 5.6% Yellowstone County 2.4% Missoula 2.8% Flat head 4.7% Gallatin 2.9%
Lewis and Clark 1.9% Las Vegas 16.6% Miami 23.1% Phoenix 11.4%
The combined REO (Real Estate Owned) inventory for Fannie, Freddie and the FHA increased by 22% in Q1 2010 from Q4 2009. The REO inventory (foreclosed homes) increased 59% compared to Q1 2009 (year-over-year comparison).
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