Upcoming Foreclosures

America it s time we had a chat Consider this an intervention

Summary: homeowners faced foreclosure proceedings in 2008 up more than 80 percent from 2007 A huge wave of ARM Adjustable Rate Mortgage resets started this year and will continue through mid 2012 Source Credit Suisse This tsunami of mortgage resets is one of the reasons why President Obama created a $75 billion plan he says will prevent 7 million to 9 million foreclosures We

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