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Author Archives: Graziella Steele

Mortgage defaults down in April (access required)

Credit defaults are at their lowest levels since June 2006, according to a new report released by S&P Dow Jones Indices and Experian, the credit reporting business. In April, the average national credit default rate on all loans was 1.11 ...

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Study: Foreclosure bad for your health (access required)

Another consequence of the foreclosure crisis is higher blood pressure. A research study published in the American Heart Association’s journal “Circulation” found that living close to a foreclosed home can increase a person’s chance of developing high blood pressure. While ...

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