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

zhucalvin

Lawmakers Urge Paulson to Help Homeowners

- T) A5 s0 K2 k1 U3 R/ I
$ |' K7 Z6 \  N! B+ P: ^, UBut 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.
- v* o% H5 L" ]. j
. _/ f5 h9 ~4 `# S* @6 p, ~7 j