More than 4 million homeowners are behind on their mortgage payments as of the end of June ..

as nearly 10% of all Americans with a home loan have fallen behind. Given the number of comments I've received on this blog of late, I'm curious if my readers, many of whom have at least some familiarity with the real estate and mortgage industries, have any suggestions for what could or should be done to address what is becoming more and more of a problem all across the country. The article makes it seem as though the problem is abating in Maryland, but at the same time fails to point out that a new law recently extended the foreclosure waiting period by more than 4 months. In many cases this just delayed what appears to be inevitable for many (apparently while they live rent free as well).

So let's hear those suggestions, how can we solve this problem and what can and should be done about it? Any and all comments and suggestions are welcomed here. If you've been reading this blog regularly you probably have a good idea of my thoughts on the topic but let's see if others have their own thoughts and ideas as well in an attempt to use comments towards a constructive goal as one of my readers suggested earlier today.

Don't forget to check back to Dan's Deep Creek Blog for future updates.