Schumer warns of 15,000 home foreclosures in city (New York Daily News)

Story date: 2007-10-26 01:57:29
Added on: 2007-10-26 11:00:14

The subprime mortgage crisis will cost New York State $9.4 billion in lost property values and lead to nearly 15,000 home foreclosures in the five boroughs, a Senate report said Thursday.


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