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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners

9 K$ N1 I* \& j2 {' ^0 P
$ ^, W8 Y5 {. |; P. WBut 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.