Home Mortgage Crisis

Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 11.08.2008 | Business


Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

Affluent Consumers Increasingly Ensnared In Home Mortgage Crisis

New York Times | JANE BIRNBAUM | Posted 03.28.2008 | Business


They took out adjustable-rate mortgages at the peak of the housing bubble to buy homes they would otherwise not be able to afford. Or they refinanced ...