1.1 Million homeowners who have subprime loans taken out in the past couple of years could lose their homes in the next few years. Subprime loans are loans given to borrowers with a poor credit history. The loss of equity will amount to an estimated $74.6 billion to these borrowers. "The report, written by the Center for Responsible Lending, a research group in Durham, N.C., was based on data supplied by Moody's Economy.com. Researchers examined more than 6 million mortgages made from 1998 until the third quarter of 2006 in the first nationwide study on the performance of subprime mortgages. The highest default rates are expected to be in cities in California, Nevada, Michigan and New Jersey as well as Washington, D.C." The full aricle will be available on the Web for a limited time: www.signonsandiego.com/uniontrib/20061220/news_1b20foreclos.html Pam