BUSINESS
07/19/2009 05:12 am ET Updated May 25, 2011

Adjustable Rate Mortgage Impact Could Be Worse Than Subprime Crisis

WASHINGTON -- Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for subprime mortgages and slow efforts to find bottom in a prolonged national housing slump.

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