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The Second Coming

Posted by Joshua Keen on Monday, December 22nd, 2008 at 10:10am.

No, it's not what you think. Though it would appear Judgement Day is on the horizon for the housing industry. According to the 60 Minutes report below, we're about halfway through this crisis with nearly $1 Trillion in loans predicted to default in 2009 through 2011.

Home for the Holidays?

Yes...a lot of folks still have a home to call their own this Christmas. But for those who have "Alt-A" and "Option ARMs" reseting in the next few years this story is only half told.


 

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