From Deseret News archives:
Home loan troubles break records again
The Mortgage Bankers Association said Friday the percentage of loans at least a month overdue or in foreclosure was up from 9.2 percent in the April-June quarter, and up from 7.3 percent a year earlier.
There were, however, some modest signs of stabilization. The percentage of loans on which new foreclosures were started was 1.07 percent in the third quarter, flat from the second quarter.









