SILVER SPRING, Md. — During the first half of 2008, more than 10,000 consumers completed the National Foundation for Credit Counseling's Mortgage Reality Check at www.HousingHelpNow.org. The site asks participants a series of questions, and advises them regarding their foreclosure risk.
Results among the participants painted a grim picture of those struggling with foreclosure:
Once their loan resets, 85% of respondents indicated they were concerned about being able to make their mortgage payments.
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