MORTGAGE CRISIS FAR FROM OVER
The U.S. mortgage crisis is far from over, according to Mahesh Swaminathan, a mortgage strategist at Credit Suisse. Despite recent signs that the nation's struggling housing market may be nearing its bottom, the day of reckoning continues to loom for millions of homeowners who financed their dream house by taking out an adjustable rate mortgage, Mr. Swaminathan said.
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