Many homeowners will default on mortgages and loans
Many homeowners will default on their mortgage payments and consumer loans, especially as house values fall below the mortgage values.
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The Global Financial Crisis »The Global Financial Crisis
Potential consequences of the financial crisis? »Potential consequences of the financial crisis?
US faces severe recession »US faces severe recession
Sharp decline in consumer spending »Sharp decline in consumer spending
Many homeowners will default on mortgages and loans
Many homeowners will default on mortgage and loans »Many homeowners will default on mortgage and loans
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