1) 14.4% of ALL mortgages delinquent or already in foreclosure in the US. That is a historic record.
2) PRIME borrowers (NOT SUB-PRIME) borrowers are now the leading edge of this epic housing mess. 33% of all delinquencies (and those already in foreclosure) are PRIME.
3) Next fun fact: 144% INCREASE in FHA delinquencies year over year. Anyone want to place any bets on the long term viability of the FHA in its current incarnation? Anyone?
4) Saved the most staggering stat for last…get ready…Th…
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Posted on November 24, 2009 at 2:22pm —