Quote:
Originally Posted by Porsche-O-Phile
The squirrels won't be the only ones looking for hollow trees to live in if many more of these foreclosures continue.
And all the signs are they absolutely will.
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Currently, the forclosure rate is way up.
But 94% of mortgages are being paid as agreed. On time. In full.
Some lenders have a large percentage of the remaining 6%, and are in deep doo-doo.
Other lenders are still healthy.
The current mortgage "Crisis" will not bring this great country down. But the deficit and falling dollar might.