Worst of U.S. subprime troubles are ahead, S&P chief economist says
Story date: 2007-10-11 11:49:00
Added on: 2007-10-12 01:00:08
International Herald Tribune - Foreclosures begun on subprime loans rose to 2.72 percent in the second quarter, the highest level in more than six years, the Mortgage Bankers Association said last month. New foreclosures on all types of loans, including mortgages given to the most ...
Read more...
Related Stories:
-
Foreclosures at record as household wealth falls
Reuters - While the rate of failing loans swelled across most mortgages, it was led by a growing wave of subprime borrowers...
2008-03-06 12:16:00 -
Past-due loans at thrifts rise 50%
Chicago Tribune - Delinquencies rose to 1.26 percent of single-family mortgages in the second quarter from 0.8 percent in the year ago-quarter....
2007-08-22 06:52:00 -
Subprime woes push foreclosure notices to new high
Seattle Times - The percentage of in-state loans on which foreclosure was started during the second quarter fell slightly to 0.27 percent....
2007-09-07 12:40:00 -
NY state foreclosures rise, most in NY City area - Forbes
United States - NEW YORK (Reuters) - Home foreclosures in New York state rose 14 percent in the first quarter from the...
2008-07-31 08:49:00 -
Mortgages Entering Foreclosures At Record High (Environmental News Network)
WASHINGTON (Reuters) - The rate of home loans entering the foreclosure process rose to a record high in the second quarter of...
2007-09-06 10:03:42 -
H&R Block Shuts Option One, Will Sell Servicing Unit (Update6)
Bloomberg - Subprime mortgages are given to people with the weakest credit and the highest risk of default. Nationwide, late payments on...
2007-12-04 09:42:00 -
Bernanke Cuts in `Heat of the Battle' May Wreck Inflation Call
Bloomberg - Foreclosures rose to a record in the fourth quarter, jumping to 0.83 percent of all home loans, the Mortgage Bankers...
2008-03-13 12:29:00 -
H&R Block Shuts Option One, Will Sell Servicing Unit (Update8)
Bloomberg - Nationwide, late payments on subprime loans rose to a five-year high in the second quarter and foreclosures set a record,...
2007-12-04 01:31:00