Metro mortgage defaults on rise - 2005-03-30
Soaring mortgage foreclosure filings in Arapahoe County for the first three months of this year helped pushed metro Denver's foreclosure rate 34 percent higher than the same period of last year and 30 percent higher than the fourth quarter of 2004.
The seven-county region's ballooning rates stem from bad borrowing and mortgage lending decisions, lagging income growth and flat home prices, experts say.
Read the full story at Denver Post