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Can you find out the precipitating factors?
I agree with sdr. That’s a data point I could do without knowing.
This data point is certainly relevant, but unpleasant. I remain interested in data, whether unpleasant or not.
It is an uncorfortable topic, therefore I won’t go any further in the discussion, other than I have found it an interesting change.
why commit suicide if you cannot pay off your home loan ? Declare bankrutcy and start over again. I know bankruptcy has gotten harder
Foreclosure is more akin to divorce than to bankruptcy. It means you’ve lost your place to live, not just your credit.
Here is an article that just came out today in the North County Times….
http://www.nctimes.com/articles/2006/07/19/news/californian/22_01_577_18_06.txt
JS