Saturday, February 4, 2012

Latinos Struggle to Stay Afloat During Sub Prime Mortgage Meltdown

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While leading economists attempt to find solutions to save financial institutions, many Latinos are still struggling to stay afloat. Congresswoman Linda Sanchez(D-CA) warns that, “The foreclosures all around California neighborhoods represent just the “tip of the iceberg.”The foreclosure rate we are looking at right now equals the rate of the Great Depression.” These past few [...]