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This? President Obama was in a boastful mood Wednesday night, telling a star-studded crowd at a fundraising dinner that he "would put these first four months up against any prior administration since FDR." Vs. this?The U.S. [mortgage] delinquency rate jumped to a seasonally adjusted 9.12 percent from 7.88 percent, the biggest-ever increase, and the share of loans entering foreclosure rose to 1.37 percent, the Mortgage Bankers Association said today. Both figures are the highest in records going back to 1972. As he said in his speech to Hollywood, "You ain't seen nothing yet." |
by Brett Rogers, 5/28/2009 12:53:51 PM Permalink
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