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Strategies & Market Trends : The Residential Real Estate Crash Index
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From: Giordano Bruno5/10/2009 6:56:52 PM
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The Center for Responsible Lending estimates that at least 10 million cardholders have seen their interest rates skyrocket in the last six months through no fault of their own. The center has also found that instead of changing their behavior in anticipation of tough new Federal Reserve rules that will take effect in July of next year, most big banks continue to engage in practices that provoked the public outcry and the Fed’s response in the first place.

nytimes.com
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