JP I hear what you are saying. I think there is another immense number of non performing homeowners who are not even in default yet. JP I know of some people who have not paid a cent since last April. The home is not NOD yet! I had a short sale awhile back that was in default for about 9 months. I know of a few other homes that are for sale and have been in default for close to a year as well. Repeatedly there have been delays in the trustee sales. Repeatedly failed attempts at loan workouts.

I guess I have seen it so much that I am kind of immune to it.