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Foreclosure: Losing the American Dream

Posted by CM on September 2, 2009


Not much is changing folks.  This story is yet again about families who tried to modify their loans, were unsuccessful and had to move because of foreclosure.  This specific story is about Litton Loans, owned by Goldman Sachs.  We have all heard that home sales are increasing but I wonder how many of those home sales are foreclosure sales? 

Sources:
1.   Foreclosure: Losing the American Dream. Martin H. Bosworth. Consumer Affairs. 9/1/09
      URL: http://www.consumeraffairs.com/newsletters/0000.html#ixzz0PllG5mQD

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