Friday, July 24, 2009

Americans swap homes for hotels as recession bites (Vietnews Online)

Some Americans are swapping homes for motels as the ranks of the homeless swell during the recession, crowding out shelters and forcing cities and states across the country to find new types of housing, more 
and FBI reports a rise in mortgage fraud (Cape Cod Times)  WASHINGTON — Falling housing prices are driving up reports of mortgage fraud, with the FBI saying last week that reported losses are up 83 percent last year and climbing even higher in 2009., more 

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