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Spellbound

Re: None

Monday, 07/16/2007 3:01:34 PM

Monday, July 16, 2007 3:01:34 PM

Post# of 38879
This doesn't look like it will end soon...

Real Estate: Awaiting the Foreclosure Timebomb

Ref - http://www.cnbc.com/id/19695874

With an estimated 2 million adjustable rate mortgages resetting this year, $500 billion worth of subprime alone, the foreclosure numbers have nowhere to go but up.
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