WASHINGTON --A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted from risky loans to the crumbling U.S. economy....
Most troubling, Northern Virginia housing economist Thomas Lawler said, is that the mortgage bankers' report reflects conditions before October's stock market plunge and the resulting economic fallout....
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