Wednesday, September 19, 2007

Today's Housing Crunch Report

Another day. Another round of depressing numbers.  This is spreading like wildfire and burning one heck of a lot of Americans.


Stuck



Some happy housing news. "Sept. 19 (Bloomberg) -- As many as half of the 450,000 subprime borrowers whose mortgage payments increase in the next three months may lose their homes because they can't sell, refinance or qualify for help from the U.S. government. ``Short of the cavalry riding in over the hill, a lot of [...]



And, via Daily Kos, some possible help from Congress.  Possible...


Foreclosure Crisis



This is a couple of days old, but I missed it. Brad Miller has a good rundown on what hopefully might happen in Congress to hopefully ameliorate the foreclosure crisis somewhat [...]



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