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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners

+ T: A8 ]/ \6 y1 S
0 [  B; w) d- K9 \But 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.
" G  z' o* B) F- h; i5 j6 y+ d
& Y" n0 m2 O- @. _. y: }% n& u8 ]# v$ H8 h