Mortgage Delinquincy Rate Hits All Time High

"All Time High"... Wasn't that a James Bond Theme Song by Helen Reddy?

http://www.breitbart.com/article.php?id=D9A4Q7H00&show_article=1

So, what about all those low interest rates that started up in 2002? And the Fannie Mae and Freddie Mac pushes to get more people to buy homes, and the Community Reinvestment Act that promoted home buying by people who couldn't afford the homes?

Hmmmmm........

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