Looking around at the current state of the housing market one can only think that hey, things will ultimately get better. Such thoughts are commonplace when you reach the bottom of the barrel and you know that the only way out is up and over. But at least during these trying times where people are really just trying to prevent foreclosure and keep their homes, there is a... Read More
It's simply amazing what banks are doing to prevent foreclosure. They are working with their borrowers to keep them in their homes by doing loan modifications, and seem to be jumping through hoops for people to stay in their homes. They are finally realizing just how badly they are being hit with home foreclosures and do not want another home on their books. The home... 
It may be a mute point to people already defaulting on their mortgage loans but in order to prevent foreclosure common sense has to be applied. The word common sense seems like something everyone would understand but that is not the case and we are paying for it now with foreclosure rates increasing every month and banks scrambling to cover billion dollar loses.
