No let up in US foreclosure pain – 15 May 09

by Tony on July 2, 2009

The US housing crisis lies at the heart of the current recession, with a wave of forclosures sending Wall Street into a free fall as lenders were hit by hundred of billions of dollars in losses. A few months on, and the rate of foreclosures shows no signs of slowing down. In the town of Boise in Idaho, even some people with the most affordable housing are being forced to relocate, as Al Jazeera’s Tom Ackerman reports.

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Related posts:

  1. Dean Tucker and Shanna Wroten-Tucker of Prime Equity Mortgage of Boise Idaho on FOX 12
  2. US Builder Stocks Down As Index Shows Continued Pain – Wall Street Journal
  3. Treasure Valley foreclosure rate is twice US average – IdahoStatesman.com

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