Friday, October 14, 2011
The good news!
Did you know that 91.2% of mortgages are current and only 3.75% are in foreclosure? That's a different perspective from what we're getting in the media these days. Oh, and also to perk up your view of the economy, 87% of Americans who bought a home in the past year expect to easily meet their mortgage repayment obligations in the next year. The deleveraging has been ugly, but we're getting there!
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