homeownership

Homeowners at Risk

Submitted by Robert Dorst2 (not verified)

April 8th, 2008

Nationwide, 1.5 million subprime adjustable-rate mortgages will reset to higher interest rates this year, putting many of those homeowners at risk of falling behind on their payments and losing their homes.

Jeanne Sahadi, "Foreclosure fix faces murky future" CNNMoney.com, 8 April 2008. http://money.cnn.com/2008/04/07/news/economy/house_response_Sentatehousing/index.htm?postversion=2008040810

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