US mortgage crisis claims new casualties

Story date: 2007-11-19 03:57:00
Added on: 2007-11-22 22:50:15

Times Online - Freddie Mac revealed that it had set aside $1.2 billion to cover bad and doubtful debts for the three months to the end of September as struggling American homeowners began to default on their mortgage loans. It also wrote down $3.6 billion in assets ...


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