The much celebrated foreclosure help programs introduced by Barack Obama and the Democrats last year are not working. They are helping very, very few mortgage holders, and the default rates for those who have been helped are still very high. The truth is that the U.S. federal government does not seem to be able to do much about the massive wave of foreclosures that is swamping this nation, and the scary thing is that the real estate market in the United States is about to get even worse. Let's hope that things are not going to get nearly as bad as many analysts are projecting, but at this point, things really, really do not look good. (Read More.....)