How Banks Are Worsening the Foreclosure Crisis

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How Banks Are Worsening the Foreclosure Crisis

The bad mortgages that got the current financial crisis started have produced a terrifying wave of home foreclosures. Unless the foreclosure surge eases, even the most extravagant federal stimulus spending won't spur an economic recovery.

http://news.yahoo.com/s/bw/20090213/bs_bw/0908b4120034085635;_ylt=AlGqsDtjd.oX8FQY0_TzPvoEtbAF

and it was republicans who warned us about this and the dems who yelled that they were fear mongers and that all is fine
 
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