Saturday, October 16, 2010

Mortgage Damage Spreads - WSJ.com

Mortgage Damage Spreads - WSJ.com:

The unfolding foreclosure-processing debacle is causing bank stocks to slide and putting millions of delinquent borrowers in limbo.

But how disruptive the crisis ultimately becomes—for homeowners, the housing market and the broader economy—depends on how quickly a number of technical problems and legal challenges are resolved in the months ahead."

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