At the end of 2007, 6% of mortgages were at least 1 payment past due and 2% were in foreclosure
At the end of 2008, 8% of mortgages were at least 1 payment past due and 3% were in foreclosure
At the end of June, 9% of mortgages were at least 1 payment past due and 4% were in foreclosure
67% of the foreclosure filings in July 2009 were in just 7 states – California, Florida, Arizona, Nevada, Georgia, Illinois and Texas.
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