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U.S. mortgage mess goes global

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Uploaded on Aug 16, 2007

Aug. 16 - Foreclosure risk rattles global financial markets.
For many homeowners in the U.S., interest rates and mortgage payments are rising, and that is fueling instability in financial markets around the world. And, even if you pay your bills on time, you may be affected by the mortgage meltdown.
Laura Wells reports.

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