1 Articles match "2005","Finance","Massachusetts"
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As Foreclosures Mount, Candidates React to the Credit Crisis
John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers) to help millions of Americans homeowners who are at risk of defaulting on their loans and losing their homes. Bill Richardson — taking aim at President Bush and the GOP — called the current financial crisis the “the Katrina of the mortgage-lending industry,” referring to the 2005 hurricane that devastated New Orleans. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
As Foreclosures Mount, Candidates React to the Credit Crisis
John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers) to help millions of Americans homeowners who are at risk of defaulting on their loans and losing their homes. Bill Richardson — taking aim at President Bush and the GOP — called the current financial crisis the “the Katrina of the mortgage-lending industry,” referring to the 2005 hurricane that devastated New Orleans. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com
- Tuesday, December 16, 2008