Monday, January 26, 2009

Video Paints Dim Outlook for Economy, Reports Foreclosure Filings up in 2008

This brief "AP Money Minute" video sheds light on the evolution of the financial crisis in the new year. The clip also cites that foreclosure filings in the U.S. rose 81 percent in 2008, as more than 860,000 properties were repossessed by lenders.

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