Avatar Posted by Treinentony 711 days ago - Average Rating: 5 with 1 vote(s) (http://www.goarticles.com)
Category: Finances | Tags: california forclosures
While some people struggle to keep their mortgage payments current, others are living in their houses for free. Not only are they not making mortgage payments but they are being offered incentives when they don't. The Federal government has pressured lenders to work out foreclosure alternatives because of the larger number of foreclosure activity. There are also both Federal and state foreclosure moratoriums extending this "live free" courtesy.

The media outlets continue to show hard working families with five or six kids being 'forced' to leave their home. It makes for good emotional 'news.' There is another side to the story. Sadly, the taxpayers (and future generations) end up paying. READ THE FULL ARTICE THRU THE LINK BELOW:
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