Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

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  • Late Payments on US Mortgages Rise

    05/23/2006 10:16:34 AM PDT · by ex-Texan · 146 replies · 2,256+ views
    FinFacts.com ^ | 5/19/2006 | Staff Writers
    29% of borrowers who took out home loans in 2005 owe more than the value of their houses US Federal Reserve Chairman Ben Bernanke said today in Chicago, that he is concerned about the rising number of home loan delinquencies in the US. His remarks coincide with a report in today's Wall Street Journal that soaring housing prices and aggressive mortgage lending have saddled American home buyers with ever greater levels of debt, and early signs are now emerging that more people are unable to keep up with their monthly mortgage payments. The Journal says that recent studies by several...