http://www.fhamortgagecenter.com/fha-blog/2008-foreclosure-numbers-and-reality/ Just another WordPress weblog Fri, 27 Feb 2009 19:09:48 -0800 http://wordpress.org/?v=2.8.2 hourly 1 http://www.fhamortgagecenter.com/fha-blog/2008-foreclosure-numbers-and-reality/comment-page-1/#comment-839 Steve Odierno Mon, 26 Jan 2009 18:07:56 +0000 http://www.fhamortgagecenter.com/fha-blog/?p=434#comment-839 It is certainly kind of scary to think that the worst is not yet upon us, but I believe that you hit the nail on the head. I, too, believe that people must be proactive in their attempts to remain on time with payments and, resultantly, remain in their homes. In most declining markets, the only financing available because of high LTVs is going to be FHA financing - something more Americans are going to have to become familiar with. It is certainly kind of scary to think that the worst is not yet upon us, but I believe that you hit the nail on the head. I, too, believe that people must be proactive in their attempts to remain on time with payments and, resultantly, remain in their homes. In most declining markets, the only financing available because of high LTVs is going to be FHA financing – something more Americans are going to have to become familiar with.

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