Friday, February 5, 2010

WaPo Has Story on Rising FHA Defaults.

Story HERE; graphics HERE.
"...the FHA projects that it will pay out claims to lenders on one out of every four loans made in 2007 -- the worst rate in at least three decades. The claim rate should be nearly the same on the vastly larger volume of loans made in 2008. "
Originally created and posted on the Oregon Housing Blog.

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