Academic

WHY THEY?D RATHER TALK ABOUT SARAH PALIN (CONT?D): AP: Over 1 million Americans seen losing homes ?

By Glenn Reynolds

WHY THEY’D RATHER TALK ABOUT SARAH PALIN (CONT’D): AP: Over 1 million Americans seen losing homes in 2011. “The bleakest year in the foreclosure crisis has only just begun. . . . Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their mortgages and industry experts say more people will miss payments because of job losses and also loans that exceed the value of the homes they are living in.”

Full post as published by Instapundit.com on January 14, 2011 (boomark / email).