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 Worse is yet to come in housing crisisSocialist Worker Online, IL -3 minutes agoMany of these foreclosures were those with sub-prime loans--mortgages with high interest rates to begin with, or adjustable rates that ballooned beyond the ...
 Treasury Under Sec. Steel Remarks on Housing before the American ...All American Patriots (press release), Sweden -18 hours agoIn August, servicers seeking to address the upcoming wave of hybrid adjustable-rate mortgage resets and considering possible loan modifications were forced ...
 Cleveland LeaderLas Vegas tops foreclosure listCNNMoney.com -Feb 5, 2008These loans, which were particularly prevalent in Las Vegas, default at much higher rates than traditional, fixed-rate mortgages. ...Las Vegas Tops List of the Worst Hit Areas in the US By ForeclosuresCleveland Leaderall 4 news articles
 Fed's Kroszner prods mortgage servicers to speed up sub-prime workoutsForbes, NY -Feb 4, 2008... prepared for the American Securitization Forum conference in Las Vegas and released to reporters in Washington. Approximately 1.5 mln adjustable rate, ...
 Don't bail out buyers who made bad choicesLynchburg News and Advance, VA -Feb 2, 2008As in Las Vegas, they rolled the dice, signing off on mortgages they knew would have larger and larger payments five years out. ...


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