Archive for August 24th, 2007

Foreclosure Madness — People Who Shouldn’t Own Houses Hardest Hit!

Posted by patti on August 24, 2007 | Comments (0) | Trackbacks (0)

Every day I’m seeing more and more articles like this one.
“The Neighborhood Assistance Corporation of America said Countrywide (Charts, Fortune 500) was not doing enough to help people who took out subprime adjustable-rate mortgages (ARMs) over the past few years and now may lose their homes. Subprime loans are issued to borrowers with poor credit [...]

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Categories: current events