Foreclosure Stay

Unless you've been in a cave, you know that home foreclosures have been going through the roof (no pun intended). But in reality, it's worse than reported:

Some banks are letting people stay in their houses ... through foreclosure and beyond. One distressed mortgage buyer said people have been staying in their home "Until someone comes to kick them out . . . Sometimes no one comes to kick them out.''

There's a real incentive to work to keep a house.

On the other hand, banks aren't equipped to handled the numbers of bad loans and the numbers of borrowers who'll just leave the keys on the counter. Swell times we live in.