Thursday, March 06, 2008

Hey, we're #1

The Mortgage Bankers Association has released some statistics that show Ohio as the number one state in the country for foreclosures.

I did find this chart interesting



Percent of Loans

Percent of Foreclosures Started




Prime Fixed

65%

18%

Prime ARM

15%

20%

Subprime Fixed

6%

12%

Subprime ARM

7%

42%

FHA

7%

8%



See a connection?

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