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Foreclosures Continue

April 9th, 2009 B. Slade

foreclosuresThe government has released billions into the housing industry and the pockets of homeowners to finance their mortgages and have even offered rate cuts and tax discounts which seems to work, for sometime that is. Till they fail to pay their mortgages and once again face defaulting their mortgages as the cash run’s out. Most of the measures the government has been pursuing are band-aid measures aimed to help people keep their homes yet foreclosures are still on the rise. Read the rest of this entry »