Can Housing Really Be Fixed? Here Are Some Possibilities

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Can Housing Really Be Fixed? Here Are Some Possibilities: "What will it take for the U.S. housing market to shake off the gloom?

Even before some of the nation's biggest mortgage lenders were forced to suspend foreclosure proceedings because of faulty paperwork, it was becoming clear that the Obama administration's year-old effort to pump life into the housing market was falling short.


The federal government just reported that 4.2 million homeowners are 'seriously delinquent' on their mortgages and some 10.9 million borrowers are underwater, meaning their loans exceed the value of their homes."

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