Business News: thousands of possible delinquent mortgages


Enterprise Information: hundreds of attainable delinquent mortgages


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WEBVTT LMEDIA.IF YOU THIrtNK OF SOMETHING LIKETHAT HAPPENED WITH THETECHNOLOGY TODAY, — LET’S GETTHE BUSINESS NEWS AND WHAT ISMAKING HEADLINES TODAY.KELLY: ALL THE MAJOR AVERAGESARrtE FLAT ON THE MONTH.IF THE S&P FINISHES LOWER, ITWILL BE THE FIRST TIME SINCEMARCH THAT HAPPENED.WELLS FARGO TODAY HAS COME OUTWITHrt A NEW NUMBER OF ACCOUNTS ORFAKE ACCOUNTS OR CAP — ORACCOUNTS OPEN WITHOUTAUTHORIZATION THAT IS 70% HIGrtHERTHAN THE INITIAL NUMBER.THEY ARE TRYING TO GET THISSCANDAL BEHIND THEM.LET’S CHECK THE REAL-TIMENUMBERS AS THE MAJOR AVERAGESARE POSITIVE.DOW JONES INDUSTRIAL ArtVERAGE UPBY NEARLY eighty POINTS.IN CASE YOU ARE WONDERING, THEMAJOR AVERAGES YEAR-TO-DATETHROUGH AUGUST UPrt 10% TO 18%.THOUSANDS OF HOMEOWNERS AFFECTEDBY HURRICANE HARVEY COULD BECOMEDELINQUENT ON THEIR MORTGAGES.REPORTS THIS WEEK NOTE THERE ARETWICE ASrt MANY MORTGAGEPROPERTIES IN THE DISASTER AREATHAN THERE WERE IN HURRICANEKATRINA, ABOUT HALF OF LOANSBACKED UP BY FANNIE MAE OrtRFREDDIE MAC.AS MANY AS forty three,000 BORROWERSCOULD FACE FOR CLOSURE IN THENEXT four — FORECLOSURErt IN THENEXT FOUR MONTHS.THE FULL SCOPE YET TO BEDETERMINED IN THE MONEY TO BESPENT WILL BE INCREDIBLY HIGH.

Enterprise Information: hundreds of attainable delinquent mortgages


Enterprise Information: hundreds of attainable delinquent mortgages



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