Home loans failing at record rates; foreclosures up 257% over Jan. '07

Story date: 2008-02-16 09:33:00
Added on: 2008-02-17 23:28:19

San Diego Union-Tribune - He can't refinance his loan because his home is now worth far less than he paid for it. Pierce, who has Parkinson's disease, lives with two adult children, who had been helping him with his $6,000 monthly mortgage payments. He is seeking permission ...


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