Defaults on Insured Home Mortgages Rise 22 Percent (Update3)

Story date: 2007-10-31 07:40:00
Added on: 2007-10-31 17:00:28

Bloomberg - Oct. 31 (Bloomberg) -- Defaults by U.S. homeowners with private mortgage insurance ... Things are going from bad to worse,'' said Ajay Rajadhyaksha, head of fixed ... they contribute less than 20 percent in cash for a home purchase, have poor credit ...


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