BuzzRank 74

http://nyreos.blogspot.com/

In some areas of New York, as many as 10 homes per block faced foreclosure last year- [2007]. The reason: subprime mortgages offered by unscrupulous real estate brokers and predatory lenders, according to a new study on the epidemic of citywide foreclosures. The crisis has even spawned a new group of real estate predators that offers to counsel homeowners in default, or "help" them refinance their homes. If you are in trouble, you can meet buyers here who are willing to buy you out.