freddie foreclosures
Will we see a large increase of foreclosures with the high gas prices ?
Will this cause the end of fanny may and freddie mac ? Why do gas companies have to cause world bankruptcy with out of control geedy pricing ?
Well, America is forecast to see 1.3 million foreclosures this year. Increased fuel prices were not figured into that though. Either way, it’s already a 30% increase over last year.
