CFC released more info...
http://biz.yahoo.com/rb/070814/count...ding.html?.v=2
"The company also said the pace of foreclosures and homeowner delinquencies rose to levels not seen in several years.
July home loans totaled $39.06 billion, up 6 percent from $36.94 billion a year earlier, but down 14 percent from June's $45.26 billion. Nonprime loans, including "subprime," were $1.8 billion, down 46 percent from a year earlier and 3 percent from June.
"Our tighter lending guidelines (have) significantly curtailed total production," Chief Operating Officer David Sambol said."
