Saturday, February 9, 2008

Q: Foreclosures

I think it is interesting as to the number of foreclosure 'get rich quick' programs there are these days. I'm very curious as to what the implications and the motivations are. I think that if there was an alternate and viable solution for consolidating the number of foreclosures, then we would not be seeing those programs on TV. I'm aware of the abundance of foreclosures that have occurred within the recent past.

What are the mechanics of foreclosures? How do they affect the overall economy?

No comments: