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Record high foreclosures, nationwide; Vermont fares better

Posted by: VHFA on 11/20/2009

Numbers released yesterday by the Mortgage Bankers Association (MBA) show foreclosures and mortgage loan delinquencies were at a record high in the third quarter of 2009.

Nationally, approximately 14 percent of all home loans were either delinquent or in some stage of foreclosure.

Vermont's numbers aren't nearly as bad (See map).

Read the Washington Post's story about the report.

foreclosures map

(Map source: Associated Press, based on MBA figures)