WaPo: Foreclosure Knows No Class or Income Boundaries

Our previous post was about saving cash with a Refi, which is great if a homeowner can qualify. But we move to the opposite end of the spectrum again, as we here note an article in Saturday's WaPo. It's part of an ongoing series entitled The Crash / What Went Wrong. What to do about the still-growing numbers of defaults and foreclosures will be a significant concern of the Obama Administration