The Forecast for Foreclosures

Don't be fooled by falling foreclosure rates and rising home salesmany parts of the U.S. are still hurting from the housing slowdown

Michele Johnson is no stranger to desperate phone calls, but lately they've become an even more regular occurrence. Johnson, who is chief executive of the Consumer Credit Counseling Service of Southern Nevada & Utah, says that these days, homeowners facing foreclosure are seeking out the agency's help in droves.

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