Thursday, August 23, 2007

Mortgages Lead Biggest Rise in Late Loans Since 1990 (Update2) (Bloomberg.com)

Aug. 22 (Bloomberg) -- U.S. banks and thrifts suffered the biggest increase in late loan payments in 17 years as more homeowners fell behind on mortgages, the Federal Deposit Insurance Corp. said.

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[Source: Yahoo! News Search Results for mortgages]

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