SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (157372)3/27/2002 2:19:15 PM
From: Haim R. Branisteanu  Read Replies (2) of 436258
 
Failing Mortgages Soar in New York (do you still dislove FNM ?)

By SARAH KERSHAW

The number of low- and moderate-income families in the New York metropolitan region who are seriously behind on their mortgage payments is soaring, according to new federal and city data and housing experts, who say they have seen a surge in mortgage troubles since Sept. 11.

Among homeowners holding federally insured loans in a popular mortgage program intended to help low- and moderate-income people and minorities buy their first homes, the percentage of families who bought during the housing and economic booms of the 1990's but are now in default on their loans has skyrocketed, according to data from the Department of Housing and Urban Development.

nytimes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News