Sarah Solon

PODCAST: Mark Winston Griffith on the Sad Stories Behind Ever-Higher Mortgage Delinquency Rates

Last year's third quarter was weighed down with appallingly high delinquency rates on mortgage payments. There's a lot more in this statement than economic jargon. There's the blatant fact that many are delinquent in their payments because over-priced and predatory financial services are targeted at the already low-income. And there's the sad fact that many bound in these unfair mortgage agreements could lose their home.

Listen in as Fellow Mark Winston Griffith explains who's benefiting from and who's being beaten down by these high mortgage delinquency rates. Ready or not, here it comes: DMIBlog's first ever ASK A FELLOW! PODCAST...

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FYI: Bonddad blog also had an excellent post on this topic.

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Posted at 12:30 PM, Jan 08, 2007 in Economic Opportunity | Economy | Housing | Podcast
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