The situation of foreclosures is getting gloomy and bleaker. The Obama Plan is not helping people because basically it has no teeth for enforcement. Nevada, again is on top of foreclosures. Obama administration is mired in various domestic and international issues, and basically it has too many issues on its plate. Homeownership is one single issue which has single handedly impacted our economy and despite whatever the gurus on the Wall Street are claiming, the economy would not recover without the improvements in homeownership and the curtailment of the rising foreclosures. Please read the following NY Times editorial.
http://www.nytimes.com/2009/11/12/opinion/12thu2.html?_r=1&scp=2&sq=foreclosures&st=cse
Friday, November 13, 2009
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