Paul Bass photo

Government leaders vowed to stay ahead of the national mortgage crisis predicted to overwhelm cities like New Haven over the next year.

At a City Hall press briefing, Mayor John DeStefano (pictured) announced that he’s formed a task force to study how New Haven’s “subprime” mortgages and other troubled housing loans match up with the national trends. Board of Aldermen President Carl Goldfield announced that his colleagues have initiated their own study and plan to hold hearings next month.

Click here to continue reading Paul’s report.