Housing bailouts for less than 5%?
Yup
Do you realize that all this "bailout" and stimulus talk that is claimed because of the mortgage industry..is poo-poo?
Out of ALL US mortgages, less than 5% are not paid. And we are re-writing our country for this.
The credit reporting agency said its database shows delinquencies — or the percentage of mortgage holders at least 60 days behind on payments, considered a precursor to foreclosure — jumped to 4.58 percent nationally, from 2.99 percent for the 2007 fourth quarter.
Do you realize that all this "bailout" and stimulus talk that is claimed because of the mortgage industry..is poo-poo?
Out of ALL US mortgages, less than 5% are not paid. And we are re-writing our country for this.
The credit reporting agency said its database shows delinquencies — or the percentage of mortgage holders at least 60 days behind on payments, considered a precursor to foreclosure — jumped to 4.58 percent nationally, from 2.99 percent for the 2007 fourth quarter.
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