Ed has found a buyer, and it is not Donald Trump. Although The Donald was willing, he was still in negotiations when someone else sealed the deal.
The Ed McMahon situation has brought high profile attention to a grave situation occurring all to often throughout the US.
Recent stats show "According to figures from property tracking company RealtyTrac, one on every 464 U.S. households received a foreclosure filing in July -- a 55 percent increase from July 2007."
Click on the title of this message to read the complete article.
I am sure Mr. McMahon was embarrassed by this whole situation, but with the increased attention on a serious national issue, hopefully the powers that be will make more of an effort to stop this onslaught.
What do you think? Who is at fault for the high number of foreclosures? The home owner, the lending agency, the economy?
Express your opinion in the comment section.
Saturday, August 23, 2008
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