Foreclosures continue to increase. This is 2010, and where is the recovery. Realtors say that many houses on the market are repos. This foreclosure number is very bad news. Banks many soon need more money. Sadly, I see TARP II coming.
Well, as unemployment goes over 10% more people will lose their houses. Sadly, mortgage defaults and home foreclosures numbers are rapidly rising despite our gov wanting this not to be the case. When is ignoring a problem a good idea?