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

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Lawmakers Urge Paulson to Help Homeowners


/ j. |/ s7 P+ `- d: o% N  sBut 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.