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Georgia ranks 3rd for mortgage delinquencies; subprime borrowers lead pack

February 24, 2010 by Georgia Watch 0 0 0

The Mortgage Bankers Association released their 2009 4Q mortgage loan delinquency rates last week. The report finds that of Georgia’s 1,654,728 mortgage holders, 17.1 percent are delinquent or in foreclosure. Additionally, 41.38 percent of the state’s...

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