Skyrocketing foreclosures and their collateral damage


	Skyrocketing foreclosures and their collateral damage

ericskiff

3-29-2007 3:04 PM

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tags:

housing bubble, housing, finance, business, home, home prices, foreclosure, foreclosures

ericskiff says:

To echo what many are now saying - subprime is just the beginning.

Adjustable rate mortgages, no-money-down, and other loans made to folks hoping to "invest" in a home have left many people holding properties that are quickly losing their value - as their mortgage payments continue to grow.

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