Local media, especially the Democrat and Chronicle and the Rochester Business Journal, have been bending over backwards to say that Rochester and Monroe County are immune to the subprime crisis. Well, shit. Turns out that’s not true:
Report: Monroe County has most foreclosures in upstate | Democrat and Chronicle
Monroe County has the worst home foreclosure problem of any upstate county, the state Commission of Investigation said Thursday in a report that called for tougher state laws regulating the mortgage business.
