Late Mortgage Payments Reach High, New Foreclosures Hit All-Time High
This probably means that HOA assessment delinquencies are up as well. People don't ordinarily stiff the bank and pay their HOA.

WASHINGTON (AP) -- Late mortgage payments shot up to a 3 1/2-year high in the final quarter of last year and new foreclosures surged to record levels as borrowers with tarnished credit histories had trouble keeping up with monthly payments.