Focus (Forum & Focus)
Jul. 24, 2008
A House Divided
Lenders, homeowners and investors took unprecedented risks, and now the government must look to unprecedented solutions, writes Lauren E. Willis. - Forum Column
By Lauren E. Willis
This article appears on Page 6
Although we rode the tide of rising home prices longer than most, last month California experienced the second highest foreclosure rate in the country; more than one in 200 homes here received foreclosure notices in June alone. Analysts predict we have not yet seen the worst of it, and, absent bold government action, between this year and next we wi...
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