Current statistics show that one in four American homes with mortgages is either currently in foreclosure or imminently faces foreclosure. This 25% statistics is estimated to reach 50% by the end of 2011. The housing crises has reached every level of American society from school teachers to movie stars, from bricklayers to government officials. No one seems to be immune.
See the article here: Choosing a Loan Modification Company – Perception Vs Reality
