More uncertainty about housing losses: about 1 million homeowners in limbo, seriously delinquent...

|By:, SA News Editor

More uncertainty about housing losses: about 1 million homeowners in limbo, seriously delinquent on their mortgage but not yet foreclosed on. For many, "it simply prolongs the financial distress, leaving them on the hook for the condition of the property. Even if they move out, they cannot move on."