Mortgage Foreclosure & Refinance Resource

According to the LA Times a new incentive for lenders to refinance more mortgages is being considered by regulators who oversee the U.S. thrift industry, which suffered a record $5.2-billion loss in the fourth quarter of 2007 as the housing market deteriorated, the U.S. Office of Thrift Supervision said Wednesday. The OTS said it was [...]

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Chart of foreclosure fillings of Prime vs Sub-prime mortgages.

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We’re borrowing this breakdown from BusinessWeek, but you can see the information for yourself. Click on the map for full size.

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