William Apgar
| 12:15PM 3/30/2009
The Wall Street Journal reports today that 7.5 percent of FHA loans were "seriously delinquent" at the end of February, up from 6.2 percent a year earlier. If a loan is categorized as seriously delinquent, it means that it is 90 days or more overdue. But some of these loans are going into default...