Foreclosure Fear – Video… Interesting how CNN uses “fear” .

http://money.cnn.com/video/#/video/news/2008/03/18/
news.dornin.031808.foreclosure.cnnmoney


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Note: More than 2% of homeowners defaulted on their loans in the Meadows, California … and most of those who went into foreclosure have owned their homes for less then 4 years… Some of these homes were auctioned at 50% less than the actual price and still no one bought those homes