Mortagage Crisis

Adjustable Rate Mortgage Impact Could Be Worse Than Subprime Crisis

miamiherald.com | Kevin G. Hall | Posted 07.19.2009 | Business


WASHINGTON -- Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for ...

Mortgage Crisis: 12% Are Late, Foreclosed

AP | J.W. ELPHINSTONE | Posted 06.28.2009 | Business


NEW YORK — The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as...