In fact, according to one source the solutions outnumbered the foreclosures 4 to 1!  And HOPE NOW says their main solution has been permanent loan modifications.  Short sales have followed closely, with deed in lieu, repayment, retention, liquidation, walkaways, bankruptcy all contributing.

As good as that is, look at this.  All (except deed in lieu which rose 2%) have dropped dramatically.  To us that means things are on the mend!  The economy is in the process of healing its wounds and we should be able to get on with things.

There are a lot of factors contributing to this trend.  The problem loans are being absorbed, the economy is healing, government programs have pushed and pulled, the list goes on.  I think that list could get quite long.

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