U.S. mortgage delinquency and foreclosure factoids

Factoids from the Mortgage Bankers Association;

14.4% of all mortgage loans in the United States are either in delinquency or foreclosure.

Florida, California, Arizona and Nevada accounted for 43% of all foreclosure actions initiated in the the United States in the third quarter of 2009.

November 21, 2009 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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