In case you haven’t seen this already, some chap made a YouTube video of the legal notices of foreclosure in Wayne County. It’s rather surreal to see so many all in one tidy bundle of newsprint; residents across the state are used to seeing the telltale notice in the window here and there around their neighborhoods, but this experience doesn’t convey the enormity of the existing problem the way this video does.
A source recently told Michigan Messenger that foreclosures have run in excess of 8,000 a month in this state. One might wonder how high that number might be should one or all of the Big Three go into bankruptcy and fail.






