Worst Mortgage Stats since the Great Depression
Another “not since the Great Depression”-type comment appeared in the Washington Post. “Personal Finance: Mortgage mess? Mop it up,” an article about the “troubles in mortgageland,” reports troublesome foreclosure and delinquency stats from the first quarter of 2007 and then states, “those are the worst mortgage default statistics since the Great Depression.”
The article quotes Keith Gumbinger of HSH Associates, but failed to include a link to the HSH Associates website. There it was.
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