Water Cooler

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RE: Still curious where this data comes from . . .

Posted by Awe-d-o-file on March 10, 2008 at 09:27:43:
Me too. I was curious of the data too. It was the point of my post. It was all over the news Friday. Very hyped with "the worst since the great depression" and it was posing the possibility of a government aid plan like during the depression. Today as I search print media to validate it and I cannot. All I can find is this: "The delinquency rate was 5.82 percent and foreclosure rate 2.04 percent of all outstanding loans " from the Mortgage Bankers Assoc. re the 4th qtr of 2007. Dag nab it! Oh well...

ET