US banking committee senators have asked to freeze foreclosures for 90 days! What's next, is the government going to propose freezing credit card debt or even provide interest free credit cards for those that are having problems paying off their credit card debt

• 1 comment

No question, foreclosures are at a record number right now. After a period of aggressive lending, more and more people are finding it impossible to meet their mortgage repayments. The banks and other lenders, in turn, are foreclosing on more and more properties.

• Login or register to post comments