Similarities Between the Foreclosure and Unemployment Problems
In contrast President Obama and his government officials are focusing on the risk to the economy
, the localities and the sellers of houses if such a moratorium on foreclosures is imposed. If foreclosures are frozen private investors get hit during the heydays they churned the wheels of the property market by purchasing mortgage backed securities. But for the last two years they have been absent.
Similarities Between the Foreclosure and Unemployment Problems