10 percent on Long Island are late with mortgage payments
27 August 2010
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On Long Island, one out of every 10 home loan borrowers was at least 90 days behind or in the foreclosure process in June, according to the latest breakdown from CoreLogic, a leading real estate data provider. The delinquency-foreclosure rate has been hovering at or slightly under 10 percent all this year, but June’s 10.03 percent was up from a year ago, when it was 7.12 percent, the firm…
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