Word: firstamerican
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...More than a year - and a half a dozen rescue plans - later, little progress has been made in turning the tide. The nation's foreclosure rate has risen every month since the middle of 2007, according to FirstAmerican LoanPerformance, which tracks the mortgage market. As of August, nearly 3% of all home loans were in foreclosure, and a further 6% were more than 60 days late on their mortgage payments. But the picture is far grimmer among subprime borrowers, those with less-than-perfect credit: As of July, nearly one-third of those borrowers were more than 60 days late...
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