Home Foreclosures Doubled in September on Loan Rates (Update3)

Story date: 2007-10-11 07:50:00
Added on: 2007-10-11 09:00:24

Bloomberg - Adjustable-rate mortgages to subprime borrowers, people with limited or weak credit histories, accounted for 7.3 percent of all home loans and 44 percent of all new foreclosures, according to the Mortgage Bankers Association in Washington ...


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