“Print reports suggested this week that the national default rate for borrowers with basic FHA loans rose to nine percent in December.

Now, a review of foreclosure rates for January shows more trouble, starting in Central Oregon…”

OPB News · Foreclosures Still On The Rise Across Oregon.

“Home-loan delinquency rates in the US reached 10% in December, up from the record-high 9.97% in November, according to Lender Processing Services…”

Mortgage Delinquencies Pass 10%: LPS « HousingWire.

“GMAC Inc., the auto and home lender controlled by the U.S. government, posted a record quarterly net loss, driven by the declining value of mortgage assets…”

GMAC Reports Record Loss on Home Mortgage Defaults – BusinessWeek.