Mortgage Foreclosures

I don't know if you have any interest in the home mortgage foreclosure business that's been in the news of late, but I've been following it some. Now don't stop reading, because it's important. After all, you might have a mortgage and if not you might still be affected. See, here's the thing. The big Mortgage handlers are JP Morgan Chase, Welles Fargo, Bank of America and Ally (GMAC) all said they'd put a freeze on foreclosures except Wells Fargo who kindheartedly decided to continue full speed. How come there's a problem? Well they hired "Burger King Kids". No kidding that's what they called them, young men and women who got no training, to sign off on foreclosure paperwork stating that it was all "in order" so it could go to court where judges were signing off just as quickly. How Quickly? In September there were 347,000 foreclosures. That's an increase from August of about 10,400. Now if you only think of them as buildings, it's no big deal. But what you really need to do is to think of them as 347,000 families. That's maybe 1,400,000 people. In one month. Put out of their homes. Are there really that many deadbeats in America or is there a problem that needs to be addressed by government. Why not let the banks handle it? Oh, you mean the same banks who had to go begging the government for bailouts but aren't willing to give any help to families? Families who bailed them out? There's just one problem. The Congress is unwilling to help and the Administration has asked the banks politely to play nice. The banks haven't. Obama still won't step in. How come? I realize we need to tread carefully so as not to cause more problems, but asking politely doesn't work. It's time to step boldly. Will anyone do so?