Geithner Sees “Economic Improvement” As Mortgage Delinquencies Hit All Time High

Geithner Sees “Economic Improvement” As Mortgage Delinquencies Hit All Time High

‘RELEVANT DAILY NEWS 5’ is now too full to download and work with now so this news post will cover ‘RELEVANT DAILY NEWS 6’ from Fri. 07 Sept. 2012 – Wed. 20 sept. 2012. ‘relevant daily news 6′ is now too full to download and work with anymore.. it’s as refreshing as it is high time to talk about something else than Greece or Spain. We’ll.

Nearly two-thirds of U.S. housing markets see home prices hit all-time high (DBN) Early-Stage Mortgage Delinquencies Dropped in Q4 2017 (DBN) Shopping for a home? It will take a lot longer than you think (DBN) Fannie Mae selling more than $1 billion in non-performing loans (DBN)

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Even as Mr. Geithner, in prepared congressional testimony, claims that the economy is "recovering", the MBA announced yet another record number of mortgage delinquencies. At over 14%, the number of American homeowners either in delinquency or in foreclosure was an all-time record in September, representing a ninth straight quarterly increase.

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