Foreclosure Crisis… and Opportunity

Months after the 'robo-signing' scandal, states are negotiating with banks—and activists are keeping the pressure on.

By Jeremy Gantz

Two thousand and eleven is destined to become the Year of Foreclosures. The recession officially ended in June 2009, but the housing market's implosion continues: Banks set a record by seizing more than 1 million homes in 2010, according to RealtyTrac Inc., and housing experts agree that foreclosures [RETURN TO ARTICLE]

  • Reader Comments

    I agree the mortgage service system needs to be changed.

    Posted by Chris UK Smith on Jun 22, 2011 at 2:03 AM