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Old 03-15-2009, 10:43 PM
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Default With 7 out of 8 mortgages current, can someone

please point me to the foreclosure "crisis"? I can't seem to find it.
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Old 03-16-2009, 12:39 AM
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The 8th mortgage. Duh. A 12% failure rate is a crisis, idiot.
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Old 03-16-2009, 04:14 AM
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12.5 percent foreclosure rate with another 25 percent in danger of foreclosure. That's the crisis.At best the foreclosure rate in good times was 1 to 4 percent, generally.Now .... its anyone's guess.
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