As the sixth year of the foreclosure crisis comes to an end, the percentage of loans in foreclosure remains a staggering eight times higher than it was in 2005. About 5.3 million homeowners -- about 11 percent of all borrowers -- are behind on their payments. But 2012 was also the year that home prices hit a bottom and have started to very
As Foreclosure Crisis Drags On, So Does Flawed Government Response
As the sixth year of the foreclosure crisis comes to an end, the percentage of loans in foreclosure remains a staggering eight times higher than it was in 2005. About 5.3 million homeowners — about 11 percent of all borrowers — are behind on their payments. But 2012 was also the year that home prices hit […]