Like death and taxes, home foreclosure is a fact of life inAmerica.
Divorce, unemployment, illness or poor money management are themost frequent causes for falling behind on mortgage payments.
Although the Mortgage Bankers Association of America recentlyreported that home loans in the foreclosure pipeline nationwide fellto the lowest level in 2 1/2 years, Illinois ranks 13th on the listof mortgage delinquency.
The association's national delinquency survey reported that 4.9percent of the nation's homeowners were 30 days or more behind intheir mortgage payments at the beginning of 1989, compared with 4.95percent at the start of 1988.
"The …
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