Apr
04

Houses of God increasingly face foreclosure

"It's happening to virtually every church," said the Rev. Grainger Browning, senior pastor of Ebenezer AME Church in Fort Washington, Md., of the financial troubles his own is facing.Supercheap, few-questions-asked loans were a temptation even churches could not resist, but now they are paying for their mistakes as the debt crisis enters the house of God.










ForeclosureReal estateBusinessMortgageUnited States

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