851,000

The mortgage crisis coupled with the recession are wiping out home ownership at a rate of one small city a month.

We know that homelessness is up and this is a reason why.

We shall soon find out how the $700Billion bailout and the "infusion" of money into the credit market affects foreclosure. I would suspect that the environment is even stronger to pursue foreclosure since the bailout.

CNN: 81,312 homes lost to foreclosure in September

The housing crisis still has a choke hold on America: In September, 81,312 homes were lost to foreclosure according to RealtyTrac, an online marketer of foreclosed properties.

A total of over 851,000 homes have been repossessed by lenders since August 2007.