borrowers

Report: Delinquent Prime Mortgages Double In 1 Year

NPR Programs: Morning Edition  Tue, 12/22/2009 - 5:00am

More creditworthy borrowers are falling behind on their mortgages. It's a sign of growing trouble in the housing market.

A report from two federal agencies finds the number of delinquent prime mortgages has more than doubled from a year ago.

Prime mortgages are loans given to borrowers considered the least risky.