I Don't Know What It Is

But I want one.. lol

Lenders Step Up Foreclosures As Moratoriums Expire

Foreclosure floodgates may soon give way as the nation's leading mortgage lenders lift their recent foreclosure suspensions and move those borrowers that are ineligible for federal programs on through the property repossession process.

According to a Wall Street Journal report on Wednesday, J.P. Morgan Chase, Wells Fargo, Fannie Mae, and Freddie Mac all say they have increased foreclosure activity over the past few weeks. The companies have recently rescinded temporary foreclosure moratoriums that were instituted at the urging of lawmakers and regulators to allow time for the Obama administration's mortgage relief plan to be implemented.

John's done okay so far this year.. but for quite a few months, there's been a moratorium on foreclosures. It's about to really heat up.. so exciting.

He had to fire an employee this week.. which sucks, because he has to interview a bunch of people, train somebody new.. get them up to speed before the business goes nuts.

Thing is.. this employee was one of those types of people who would do just enough to get by. What he didn't realize is that the best way to become very successful in business is to hook up with somebody who already is. John was paying for him to go to real-estate school so he could get his license.. would have taught him the business and so on.. but no...