Warning: 5M homes enter into foreclosures over the next two years in USA

zhucalvin

Lawmakers Urge Paulson to Help Homeowners
, ]0 y$ `0 j, ^! E0 H. L2 _& Z2 U
" s: x7 c2 p9 ^
  q& z# ^1 G' L( t& {But Sheila C. Bair, chairwoman of the Federal Deposit Insurance Corporation, warned that the country could expect a tidal wave of up to five million foreclosures over the next two years if the government took no additional action.

4 }' s6 n% i. U" G) P. v