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Wednesday, May 13, 2009

Foreclosures Today and Everyday

Anyone who thought March was the peak in the foreclosure activity was girl-interrupted today.

It's amazing, to me, that in Washington, past-the-peak is now seen as an "okay" reason to ... well, er, "wait it out".

Can you even state how many people in America are going into home-mortgage default, one way or the other, each week? I'll bet up to 90% of the country couldn't name-that-figure.

The worst is over? The worst is just starting for tens of thousands, over the upcoming year...