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Sunday, October 30, 2011

'Foreclosure's financial devastation is only the beginning of the pain'

from mercurynews........


"The wave rolls on. Another day, another family moved out of a house that it could no longer afford. It's tempting to simply sigh and sadly move on.

But now, nearly five years into this mess, evidence is mounting that the housing crash is more than a financial crisis, or a social crisis or even a moral crisis (in some cases stoked by unscrupulous bankers and in some cases by irresponsible homebuyers). It is beginning to look like the national housing tragedy is also a public health crisis, leaving those who lose their homes both broke and broken".............READ MORE

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