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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners

1 f5 J: N. z' J4 o& T
& m. {8 ]/ _  F) s8 c* KBut 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.
# }' u4 m. O$ v  }4 u$ [