| Soaring foreclosure rates are devastating some communities and raising questions about how much imprudent lenders and borrowers should lose, how much taxpayers should pay, and what churches can do to help
by Lynn Vincent
Posted 4/05/08, 12:00 am
For many Americans, talk of a foreclosure crisis smacks of hyperbole. While national foreclosure filings have climbed from about 70,000 per month in 2005 to between 200,000 and 250,000 per month now, such numbers represent only a small fraction of the country's total homeowners.