Friday, September 7, 2007

Housing crisis continues (The Myrtle Beach Sun News)

Homeowners, struggling to deal with sharp increases in their adjustable mortgage payments, got hit with a record number of foreclosure notices in the spring as the crisis in subprime lending intensified. The problem was the most severe in the industrial Midwest and former housing boom areas such as California and Florida, but economists warned the situation will get worse in coming months as an ...

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[Source: Yahoo! News Search Results for housing loan]

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