Perhaps someone can confirm or deny...I had read that 65% or in that area of
foreclosures were unoccupied...investments to turn that went bad.  Not Joe
Blow and 2.5 kids.

Mike

On Thu, Mar 27, 2008 at 8:24 PM, John DeCarlo <[EMAIL PROTECTED]> wrote:

> On Thu, Mar 27, 2008 at 10:30 PM, Jeff Wright <[EMAIL PROTECTED]> wrote:
>
> >
> Yes, but the people losing their homes now had plenty of paycheck to cover
> their mortgage payment *at the time they got the mortgage*.
>
>


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