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U.S. Mortgage Delinquencies Reach a Record High

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Margaret Bassett

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By DAVID STREITFELD
Published: November 20, 2009
The Mortgage Bankers Association's quarterly survey finds that one in seven mortgage holders are either late on their payments or are already in foreclosure.

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.

Related Topic(s): Economy Recession; Foreclosure; History; Mortgage Crisis; Survey, Add Tags

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