Amherst Foreclosures
AMHERST Foreclosures, HUD Owned Home for Sale – 319 TOYTOWN RD, 24521
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60 Minutes – Where’s the Bottom? (December 14, 2008) $17.95 Airdate 12/14/08 A second wave of mortgage defaults is coming, Scott Pelley reports. Even once the U.S. economy is clear of the sub-prime mortgage meltdown, there are even more exotic, risky mortgages that will haunt the economy. They are called Alt-A and Option ARMS, and the low initial rates of these adjustable-rate mortgages are due to reset at higher rates over the next few years. A cascade … |
