Older Americans and the Mortgage Crisis.

Interesting new report from AARP Policy Institute HERE.

Report says that:

• More than 684,000 homeowners age 50 and over were delinquent, were in foreclosure, or lost their homes during the six months ending December 2007.
  

• Homeowners aged 50 and above with subprime loans were nearly 17 times more likely to be in foreclosure than those in this age group with prime loans.