Home : Home Mortgage Loan : Interest Only Mortgage Loan : MSN Newsfeeds : Default rates for "alt-A" loans increasing - Seattle Times
Default rates for "alt-A" loans increasing - Seattle Times
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The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building. Homeowners with good credit are falling behind on their payments in growing numbers, even as the problems with ...