avoid foreclosure: Foreclosure outlook bleak - 2011 to outpace 2010 - So what are you going to do about it? - 01/13/11 02:15 AM

 
After a record year of 1 million homes foreclosed on in 2010, the outlook for this year is proving that 1 million  may be dwarfed in comparison.  There are nearly 5 million mortgage holders that are at least 2 months behind on their payments.  The good news behind these numbers, according to RealtyTrac, is that this year is finally expected to be the peak of the crisis.
1 in 45 households received a foreclosure filing last year.  That's a record 2.9MM homes.  And while the last two  months of 2010 slowed down a bit due to the whole "robo-signing" fiasco, the … (4 comments)