Foreclosure wave sweeps America (from the BBC)
Tagged: foreclosurePosted on: November 4th, 2007
A wave of foreclosures and evictions is about to sweep the United States in the wake of the sub-prime mortgage lending crisis.
This could destabilise the US housing market and may also lead to further turmoil in financial institutions, who collectively own $1 trillion worth of sub-prime debt.”*
Curation from Tomás
Filed Under: OT (off-topic)
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