Mortgage defaults and foreclosures in Connecticut's cities have skyrocketed over the past year as homeowners buckle under the weight of rising costs associated with subprime and predatory loans, a real estate tracking company has found.

Mortgage defaults and foreclosures in Connecticut's cities have skyrocketed over the past year, a real estate tracking company has found.

SAN FRANCISCO (Reuters) - Mortgage defaults and a "sustained lull" in home building will weigh on California's economy for at least another year but will not tip the state into a recession, according to a forecast released on Wednesday.

SAN FRANCISCO (Reuters) - Mortgage defaults and a "sustained lull" in home building will weigh on California's economy for at least another year but will not tip the state into a recession, according to a forecast released on Wednesday.

NEW YORK — Mortgage defaults on investment properties are playing a major role in rising loan delinquency rates across the nation — and especially in California and Florida — according to research by the Mortgage Bankers Association.

President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.

President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.

President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.

Mortgage defaults on investment properties are playing a major role in rising loan delinquency rates nationwide -- especially in Florida -- as speculators who can't find buyers amid a housing slump simply walk away from mortgages, says the Mortgage Bankers Association.

Mortgage defaults on investment properties are playing a major role in rising loan delinquency rates nationwide -- especially in Florida -- as speculators who can't find buyers amid a housing slump simply walk away from mortgages, says the Mortgage Bankers Association.