Homebuilders and Auto Lenders Feel The Credit Crunch

I wonder just how many industries will be affected by the "credit crunch" resulting from what I'm calling the subprime mortgage fiasco.

Reuter's reports 66% of homebuilders are hurt by more stringent mortgage requirements. The effect has doubled since March 2007.

The auto industry is also feeling the crunch as more consumers delay buying a new car.

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