More Americans Falling Behind On Mortgages
The US News and World Report (10/21) reports that “mortgage defaults are rising again after nearly a year of trending downward, raising concerns about homeowners falling behind on their payments and undermining whatever nascent housing recovery may be under way.” According to S&P Indices and Experia, “first mortgage default rates rose to almost 2 percent in September and second mortgage default rates rose to about 1.3 percent over the same period.” The Report says that these numbers make “recent rumors of a new government-sponsored mortgage assistance program seem all the more urgent.”
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Collecting, Analyzing, and Publicizing Data on Housing Turnover
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Cityscape: Volume 26, Number 3
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Case Study: Former School in Charleston, South Carolina, Transformed into Affordable Housing for Seniors
Case Study: Avalon Villas Combines Affordable Housing and Services for Families in a Gentrifying Phoenix Neighborhood
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