New foreclosure record set in U.S.
New foreclosure record set in U.S. Save Email Print
Posted: 2:46 PM Sep 8, 2008
Last Updated: 2:46 PM Sep 8, 2008

A | A | A

The Mortgage Bankers Association says 9.2 percent of homeowners with mortgages were either behind on their payments or in foreclosure at the end of June, setting a new record for foreclosures.

That's up from 8.8 percent at the end of the first quarter, and a huge jump from 6.5 percent a year before.

More Stories
Coast Guard searches Gulf coast for missing plane

Family, friends focus on McNair's life, not end

Swine flu summit: Govt checks on state readiness

Journalist says she broke North Korean law

California brush fire near Getty Museum now 90 percent contained

Massive power outage hits west Los Angeles

Bay area child psychiatrist takes stand

Jackson's dermatologist: I warned him about drug

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
By posting this comment I have read and agree to the Terms of Use and Privacy Policy:
You must agree to the Terms of Service to continue.

WNDU News Poll
There are currently no active polls at this time.
Click here to view other polls on our site and past poll results.