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	<title>Housing Crisis Under Fire &#187; subprime mortgage crisis</title>
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		<title>Hank Paulson The Worst is Just Beginning for Housing Markets</title>
		<link>http://www.housingcrisisunderfire.com/2009/01/hank-paulson-the-worst-is-just-beginning-for-housing-markets/</link>
		<comments>http://www.housingcrisisunderfire.com/2009/01/hank-paulson-the-worst-is-just-beginning-for-housing-markets/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 20:11:46 +0000</pubDate>
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				<category><![CDATA[Foreclosure News]]></category>
		<category><![CDATA[Housing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Washington News]]></category>
		<category><![CDATA[foreclosure crisis]]></category>
		<category><![CDATA[housing markets]]></category>
		<category><![CDATA[subprime mortgage crisis]]></category>

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A year ago, Treasury Secretary Henry Paulson predicted the fallout from the subprime mortgage crisis was &#8220;largely contained.&#8221; The reports indicate that housing markets across the nation continue to decline.

Most homeowners and people residing in the United States, would disagree with Treasury Secretary Paulson. The foreclosure rates rose 81% in 2008 and so far in 2009 the [...]]]></description>
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