« October 4th Alert | Home | Merrill Lynch and WaMu Suffer From Subprime Woes »

What Is Happening Out There? Share Your Story.

By admin | October 4, 2007

What is happening out there?

We know that mortgage companies are closing right and left and that people are being laid off in huge numbers from those companies.

We hear that 5.12 percent of all mortgages were delinquent as of the end of the second quarter (June 30) which predated the real catastrophe in the credit markets.

But we are also hearing disquieting news about responses to these problems and that individual attempts to resolve them are being buried by the sheer number of problems that are clogging the system.

Share your story with Mortgage News Daily...

Read More Now

Topics: Mortgage News |

Comments are closed.