Sobering look at foreclosures

Looks like we're not done yet. Story here. The question is, how will this affect the Milwaukee metro area?

But Hudson & Marshall and its rivals say they are gearing up for more (auctions) in the coming months, convinced that a moratorium on foreclosures earlier this year only postponed what they believe is an inevitable avalanche of new repossessions.

"The foreclosures are going to explode again," said Webb.