Problem mortgages hit new high at 14 percent
Data mean foreclosures may not peak until next year

More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released Thursday, which also suggests that the foreclosure rate is likely not to peak until next year as unemployment rates continue to rise.

By Renae Merle
Washington Post Staff Writer
Friday, November 20, 2009

http://www.washingtonpost.com/wp-dyn/content/article/2009/11/19/AR2009111903885.html