Greetings,
On my blog I have discussed the latest MBA report on foreclosures which showed that a whopping 9.2% of all mortgages are in delinquency.

One particularly worrying aspect is that prime fixed-rate mortgages now make up the largest component of new foreclosures. This is trouble, not in the least because the fate of the USD has been effectively tied to the performance of the credit markets through Uncle Benny's $1.25tr MBS purchase program.

I discuss this amongst other things:

http://www.debtorsprisonblog.org/journal....