June 11, 2008

The Mortgage Meltdown – A Sad Shame

The stories can drive even the hardest hearted of us to tears. Families that once lived the American dream have been turned into virtual paupers. The pain, dereliction of abandoned homes, many of them vandalized… it’s all there to be seen. We’re talking about the mortgage meltdown

The American dream is now, for many Americans, the American shame: With no resolution in site. And don’t forget Katrina victims are still clinging on to hope that help might come some day. Read this article about this sad shame.

JACKSONVILLE, Fla. — The house on East 24th Street was the worst of the six that David Law and Trey McCallister worked on the other day here. The front door had been kicked in so many times that the dead bolt was exposed and bent. Trash littered the front and back yards. A copper pipe was gone.

Full story

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Filed under Alerts & News, Mortgage by dawg

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