Archive for March 3rd, 2009

Home Loan Defaults Rose for 8th Straight Quarter

Tuesday, March 3rd, 2009

The number of people who were late making their mortgage payments shot up 53 % in the fourth quarter of 2008 from the same period in 2007, according to data provided by TransUnion LLC. The credit reporting agency said its database shows delinquencies — or the %age of mortgage holders at least 60 days behind [...]