Monday, May 29, 2006

250,000 default on Mortgages


A QUARTER of a million homeowners are behind with mortgage payments and 1.5million more owe on credit cards and loans.

Posted by jason @ 02:57 PM (750 views)
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2 thoughts on “250,000 default on Mortgages

  • does anyone know the action plan that banks have in place nowadays re arrears, how long before repossions take place? is it more speedy than the last crash.

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  • OMG That is a lot of people !

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