Only Forceful Action Can Turn Foreclosure Crisis Tide

At current rate, nine million homes face foreclosure by 2012.

The time may be ripe for a shift in strategy as the foreclosure machine grinds on, and new foreclosure notices reach the troubling milestone of 10,000 per day. Full Story »

Posted by Patricia Blochowiak
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Subjects: U.S., Business, Politics
Member Tags: Foreclosure Crisis, unemployment, banking industry
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Posted by: Posted by Patricia Blochowiak - Jul 14, 2009 - 2:30 PM PDT
Content Type: Article
Edit Lock: This story can be edited
Edited by: Dwight Rousu - Jul 15, 2009 - 1:38 AM PDT

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4.6
by Patricia Blochowiak - Jul. 14, 2009

20% of the homes in my census tract are empty. As of last September, there were 2,662 vacant properties in my ~3 sq. mi. first tier suburb.

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