An article detailing the prediction that no matter whom is elected as President, that the foreclosed homes rate will continue to increase
Spawn download . Both of the leading candidates (Obama, and McCain) have outlined their plans for addressing the homes foreclosures that are going on. But in order for those plans to succeed, mortgage lenders would need to eat losses that they may not be prepared to do. Quite simply: why should they take those big losses unless the government provides some sort of incentives for them to do so?
