Mortgage defaults spread as even 'safe' borrowers falter - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee: "No longer is the real estate bust simply the result of exotic, subprime loans that doubled payments and blew up in homeowners' faces. As the Sacramento economy buckles, even the safest mortgages have become part of a new wave of loan defaults, experts say."
Fred Pilot sent this link. Now government employees are in trouble. But Obama says, "The stimulus is working. These are not the droids you are looking for."