11,666,666 Home Owners Could be Rescued from Foreclosure

2008-09-27 — wordpress.com

$700,000,000,000 (divided by) $60,000 = 11,666,666 Homeowners who could be rescued from foreclosure. Wow, that is more homeowners than are going to actually be at risk over the next three years. Way more. And the likelihood it will take an average of $60,000 to bailout every homeowner facing foreclosureis slim to none.

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