5.6 million mortgages are delinquent and 1.7 million of the 5.6 million qualify for a mortgage modification workout. Of the total modifcations completed, only 2/3 of these modified mortgages are current.
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About Me
- Minneapolis, MN, United States
- Rule # 1: taking care of one’s small circle (family and close friends). My wife (best friend) and I are blessed with 3 grandchildren. Grandchildren...truly a gift! Missing the Viet Nam draft by 1 yr left an indelible mark on my being and view of the world. Vigilant Grandpa Blog: Offer a rational perspective on Wall Street, Politics and the Economy delivered with a smidgen of sarcasm and humor. Grandpa's Passion: vigilance on behalf of all grandchildren and a pledge to elicit changes to our current environment as we all have an obligation to afford them an equitable and optimistic future. After an 11 yr. career walkabout' (incl. 5 yrs. day trading), I re-entered the commercial insurance industry. It's all about managing risk.
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