Freddie Mac reported that the rate of serious delinquencies - at least 90 days behind - for conventional loans in its single-family guarantee business increased to 3.87% in December 2009, up from 3.72% in November - and up from 1.72% in December 2008...
But maybe Fannie Mae is okay...
Fannie Mae reported today that the rate of serious delinquencies - at least 90 days behind - for conventional loans in its single-family guarantee business increased to 5.29% in November, up from 4.98% in October - and up from 2.13% in November 2008 ... it is important to note these stats do include Home Affordable Modification Program (HAMP) loans in trial modifications.
Gee, Mr. Lenin, isn't central planning great?
Suddenly I feel like Neo from The Matrix.
I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
Post a Comment