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09-09-2009, 03:12 PM #1
AirborneSapper7

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Deluge of Loan Resets Will Haunt Housing for Years

Deluge of Loan Resets Will Haunt Housing for Years

Wednesday, September 9, 2009 12:40 PM

By: Julie Crawshaw

Thousands of homeowners with interest-only mortgage loans are about to enter a world of hurt, and their problems could haunt the housing market for years to come.

â€œThis is going to be the source of tomorrowâ€™s troubles,â€
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