Gov. Jim Douglas appointed Thomas N. Pelletier of Montpelier to be chairman of the VHFA Board of Commissioners. The change took effect upon the Governor’s appointment Tuesday.

Numbers released yesterday by the Mortgage Bankers Association (MBA) show foreclosures and mortgage loan delinquencies were at a record high in the third quarter of 2009.

Nationally, approximately 14 percent of all home loans were either delinquent or in some stage of foreclosure.

Vermont's numbers aren't nearly as bad (See map).

VHFA Policy and Planning Manager Maura Collins participated in an affordable housing panel discussion Tuesday night at Champlain College in Burlington.

BusinessWeek has named St. Albans Vermont's "most affordable" suburb.

"Housing prices across the nation are being flattened by the worst economic crisis in decades," Prashat Gopal writes, "but it's still not necessarily easy to find affordable suburbs.