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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners
) |& d) c- T* z  L
# |4 f2 `  Y2 E, y# U
6 b0 m5 N! P( X7 CBut 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.
1 N; v7 G  ^" c. P7 Q  l
& X" a8 k* Y. r- D' }