Thursday, August 12, 2010

CNBC.com Article: Debts Rise, and Go Unpaid, as Bust Erodes Home Equity

CNBC.com Article: Debts Rise, and Go Unpaid, as Bust Erodes Home Equity

Lenders say they are trying to recover some of that money but their success has been limited, in part because so many borrowers threaten bankruptcy and because the value of the homes has often disappeared, reports The New York Times.

Full Story:
http://www.cnbc.com/id/38672589

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Thanks, Sean..

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