| 01.06.2009 - More than half of US property foreclosures relate to prime loans |
| From Propertywire.com: More than half of property foreclosures in the US now involve prime mortgages and the real estate market may not stabilize until 2011, it is claimed. The National Delinquency Survey from the Mortgage Bankers Association shows that foreclosure activity was at an all time high in the first quarter of 2009.......Full Article: Source |