Friday, August 24, 2007

The Non-Bailout Bailout

Opinion - USATODAY.com

3 ways to help borrowers without bailing them out

The July foreclosure numbers that came out Tuesday are a sobering reminder of just how bad the nationwide mortgage crisis is becoming. Fueled in large part by shaky lending to people with less than perfect credit, foreclosure filings nearly doubled from a year ago and are running at an annual rate of more than 2 million.

Searchlight Crusade comments. Bitingly.



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[Source: The San Francisco Real Estate Blog]

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