As Homeowners’ Dreams Die, He’s the Undertaker

User Forum Topic
Submitted by andymajumder on May 7, 2010 - 3:52pm

Interesting article, some may have already seen this...

http://www.nytimes.com/2010/05/07/busine...

Mr. Laubinger is having a busy spring. Nearly four million households nationwide are severely delinquent on their mortgages, the biggest backlog since the housing crisis began. As more and more of the homes edge toward repossession — a record quarter of a million were seized by lenders in the first three months of this year — agents like Mr. Laubinger are trying to coax people out.