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Report: Delinquent Prime Mortgages Double In 1 Year
by Tamara Keith
December 22, 2009
More creditworthy borrowers are falling behind on their mortgages. It's a sign of growing trouble in the housing market. A report from two federal agencies finds the number of delinquent prime mortgages has more than doubled from a year ago. Prime mortgages are loans given to borrowers considered the least risky.
