Is a Wave of Foreclosures Heading Our Way?

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Fannie Mae, Freddie Mac and a lot of big mortgage banks have quietly ended their moratoriums on home foreclosures. The foreclosure listing firm Realty Trac reports today that the number of households threatened with losing their homes jumped 24% in the first three months of this year.

Credits

Guests:
Ruth Simon - Senior Special Writer at The Wall Street Journal, Douglas McIntyre - Co-editor of 247WallSt.com, Sean O'Toole - Founder and CEO of ForeclosureRadar.com

Host:
Warren Olney

Producers:
Katie Cooper, Sonya Geis, Karen Radziner