[RockinRight]

That would be an interesting thing to know. That way we’d know if it was because:

-ARM rates adjusted and went too high to be affordable
-borrowers just ran out of their luck on loans they never really could afford anyway
-straight-up fraud involved

[Screaming_Gerbil]

Interesting article here:

Bonfire of the homebuilders
By rushing into lending, homebuilders helped fuel the housing crisis http://www.msnbc.msn.com/id/20145724/