Michael Babad
Globe and Mail Update
Published Tuesday, Jan. 25, 2011 4:51PM EST
Churches hit by foreclosure
Churches in the United States are finding they're not immune to the real estate crisis.
Many churches, The Wall Street Journal reports today, also can't pay their mortgages because they took on too much debt and now face smaller congregations and declining collections amid high unemployment levels.
Globe and Mail Update
Published Tuesday, Jan. 25, 2011 4:51PM EST
Churches hit by foreclosure
Churches in the United States are finding they're not immune to the real estate crisis.
Many churches, The Wall Street Journal reports today, also can't pay their mortgages because they took on too much debt and now face smaller congregations and declining collections amid high unemployment levels.
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