“Let’s go through the game a little bit. The first thing that you see is that over 14 million Americans are homeless now, imagine you are one of them. Your savings are gone, you’ve lost your house, and you’re down to your last $1,000 and it asks can you make it through the month. So you can either exit at that point or your other option is to find a job. So I’m going to click on that now. The first thing I see is that I’m running out money fast. And then it asks me to click on a job and the options there for me are…”
Los Angeles, California – October 24th, 2011 Mortgage servicers and banks have increased their efforts against homeowners that have fallen behind on their payments in what looks to be a new wave of foreclosures. According to Realty Trac Inc., the number of US homes that received an initial default notice, the first step in the foreclosure process, jumped 33% in August from July.