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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners
" w# x0 O9 h, Y/ M) B) s

0 `2 L. |# ^- \. Y- ], b% |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.

5 f1 S0 z1 L7 e/ s& m" K/ K$ I