Foreclosures rising among high-risk US mortgages
One of the great legacies of the housing boom of the past six years is that almost everyone even people with questionable credit has access to a mortgage.
But now, some housing advocates contend, all that easy credit is on the verge of creating the worst mortgage crisis since the 1980s. The reason: A rising number of homeowners are shouldering mortgages they can no longer afford.
Premium Link Upgrade
One of the great legacies of the housing boom of the past six years is that almost everyone even people with questionable credit has access to a mortgage.
But now, some housing advocates contend, all that easy credit is on the verge of creating the worst mortgage crisis since the 1980s. The reason: A rising number of homeowners are shouldering mortgages they can no longer afford.
Premium Link Upgrade
