The Mortgage Mess
In February 2007, some 131,000 foreclosure filings were recorded by RealtyTrac, a Web site that compiles default notices, auction sales and bank repossessions. "Based on our numbers for the first two months of 2007, foreclosure activity is running at a rate that would project to a 33 percent increase over 2006," RealtyTrac's CEO James J. Saccacio said in a news release last month. These statistics represent the end of a process that is costing many borrowers their homes.
http://www.truthout.org/docs_2006/041007T.shtml
http://freepage.twoday.net/search?q=mortgage
http://www.truthout.org/docs_2006/041007T.shtml
http://freepage.twoday.net/search?q=mortgage
rudkla - 11. Apr, 00:21
