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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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The Foreclosure Crisis is Far From Over


The foreclosure crisis began back in 2006, and 7.6 million homeowners have been foreclosed on. It is estimated that another 7.4 million homeowners will be foreclosed on through 2016. The main states that are being hit the hardest are California, Florida, Nevada, Arizona, Ohio, Alabama, Georgia and Illinois.  It is predicted that more states will be effected due to the economy not rebounding as quickly as it was expected to.