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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners

" e2 C1 ^8 C/ f& ?
9 \! _' v) N! P% h* d* 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.