Thursday, August 5, 2010

Housing bubble explodes in foreclosures

A federal report just came out that more people are late on their home mortgage payments and face default. Conveniently, these people do not qualify for help from the federal government. Sawsan Zaky says that not many people are able to modify their loan even though the banks are saying they would like to work with people who are close to default.
Read More... [Source: YouTube Videos tagged with foreclosure]

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