The Bottom Line
Mortgage defaults in September were down 8 percent from August, but still double the rate from a year earlier, according to RealtyTrac.
Mortgage defaults in September were down 8 percent from August, but still double the rate from a year earlier, according to RealtyTrac. “September’s total was still the second highest monthly total we’ve seen since we began issuing our report in January of 2005,” said RealtyTrac CEO James Saccacio. The default rate was highest in Rust Belt and Sun Belt states. Nevada led the pack, with one in every 185 households filing. (CNNMoney.com)
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Burkina Faso's misinformation war
Under The Radar The president of the West African country has quickly become the face of a viral, AI-powered propaganda campaign
-
Jeffrey Epstein's secrets
Feature Six years after his death, conspiracy theories still swirl around the sex trafficker. Why?
-
Voting: Trump's ominous war on mail ballots
Feature Donald Trump wants to sign an executive order banning mail-in ballots for the 2026 midterms