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Easy Mortgage Lenders Past-Due Mortgages
Mortgage and Home Loans - By Ruth Simon
Mortgage lenders are making it easier to get loans even as the housing market cools -- and as the number of borrowers struggling to make their payments continues to rise, new studies show.
In the latest sign that a cooling housing market and weaker credit standards are beginning to take their toll on borrowers and lenders, the number of past-due mortgages continued to rise in the three months ended Sept. 30, according to data from Equifax Inc. and Moody's Economy.com Inc.
Hipotecas Prestamos October 25, 2006 11:08 PM