Reality Trap News Today

Yet again. you can see this one coming. look, if somebody doesnt have a job, renegotiating their mortgage isnt going to help. they wont be able to pay the mortgage no matter what. >> reporter: that is absolutely right, gregg. experts say any drop in foreclosures is positive, but the recent dip should not be seen as a trend. the new figures called the reality trap, lets say the one month figure doesnt show the data. people losing jobs and many desperate homeowners are struggling through loan modi...