real estate investing

Housing rescue: What you need to know

Thursday, April 3rd, 2008 | Investment, Money, Real Estate | 2 Comments

Article from CNN Money

Washington in crisis mode

Washington is awash in plans to attack the foreclosure crisis and mortgage meltdown. With both foreclosure rates and the election season heating up, politicians and policymakers are feeling pressure to find solutions to housing problems.

Some community advocacy groups charge that 2 million Americans could lose their homes to foreclosure over the next two years. That would not only have a huge impact on neighborhoods and towns but also damage the economy.

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