Foreclosure Nation.

PositionBrief article - Book review

Foreclosure Nation

By Shari B. Olefson

Olefson explains how America slipped to the edge of this dangerous stagnation-recession precipice in Foreclosure Nation: Mortgaging the American Dream. In plain language she clarifies legal and financial terminology and describes how our country's mortgage system really works and exposes its intrinsic flaws and often discriminatory practices.

She offers tips, tolls, and resources such as:

* Choose a mortgage professional and understand what's motivating the person.

* Decide what mortgage product fits best and when to refinance.

* Know what to do when you can't afford your mortgage.

*Understand how to proceed if already in foreclosure.

Olefson pinpoints exactly when and why experts are predicting a...

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