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New wave of mortgage failures could create a nightmare US economic scenario
| Shared by Jameshogg on Mon Nov 26, 2007 9:07 pm | |
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When Domenico Colombo saw that his monthly mortgage payment was about to balloon by 30 percent, he had a clear picture of how bad it could get. Source: http://www.iht.com/articles/ap/2007/11/27/business/NA-FEA-FIN-US-Mortgages-Economic-Peril.php |
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