According to the Mortgage Bankers’ Association (MBA), 8.44 percent of homeowners missed at least one payment in the second quarter of 2011, putting 0.12 more homeowners at risk for foreclosure in Q2 of 2011 than were believed to be at risk in Q1. In a “normal market,” only about 1.1 percent of homeowners are delinquent at any given time, says Read full article »