Defaults on Insured Home Mortgages Rise 22 Percent (Update2) (Bloomberg.com)
Story date: 2007-10-31 06:40:13
Added on: 2007-10-31 15:00:08
Oct. 31 (Bloomberg) -- U.S. homeowners defaulted last month on 22 percent more privately insured mortgages than a year earlier after house prices fell the most in at least six years, an industry report today showed.
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