More New Yorkers Reportedly Missing Mortgage Payments
November 25, 2006More and more New Yorkers missed their mortgage payments, according to an article Saturday in the New York Times. The NYT reports that more than 1,400 city homeowners missed their mortgage payments from July to September, compared with just a little more than 1,200 last year. The neighborhoods with the highest number of pre-foreclosures are in the Canarsie, Flatbush and Bedford-Stuyvesant section of Brooklyn, and in East New York and Jamaica, Queens.