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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners

& Y- L3 X' t: I3 }
& R6 b; K, r: [/ K: 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.

3 B  e1 [$ O; w, k6 x& y/ o