Foreclosures get serious as desperate homeowners attempt suicide

Real Estate Troubles

Mexican billionaire Carlos Slim speaks during an interview with foreign correspondents in Mexico City September 30, 2008. Private investors should take stakes in U.S. banks to save them from financial ruin, with the government buying failed mortgage debt only as a last resort, Slim said on Tuesday. REUTERS/Felipe Courzo (MEXICO)

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Mexican billionaire Carlos Slim speaks during an interview with foreign correspondents in Mexico City September 30, 2008. Private investors should take stakes in U.S. banks to save them from financial ruin, with the government buying failed mortgage debt only as a last resort, Slim said on Tuesday. REUTERS/Felipe Courzo (MEXICO)

Reuters

Mexican billionaire Carlos Slim speaks during an interview with foreign correspondents in Mexico City September 30, 2008. Private investors should take stakes in U.S. banks to save them from financial ruin, with the government buying failed mortgage debt only as a last resort, Slim said on Tuesday. REUTERS/Felipe Courzo (MEXICO)

Reuters

Rolando Gamez sweeps up litter on Wall St. in front of the New York Stock Exchange Tuesday, Sept. 30, 2008 in New York. A snapback of some degree wasn't unexpected as carnage on Wall Street often attracts bargain hunters. Still, questions remain about how Wall Street will proceed without a bailout plan in place to absorb soured mortgage and other debt from banks' balance sheets and restore confidence in lending. (AP Photo/Mark Lennihan)

AP

Wall St. is shown Tuesday, Sept. 30, 2008 in New York. A snapback of some degree wasn't unexpected as carnage on Wall Street often attracts bargain hunters. Still, questions remain about how Wall Street will proceed without a bailout plan in place to absorb soured mortgage and other debt from banks' balance sheets and restore confidence in lending. (AP Photo/Mark Lennihan)

AP

U.S. Senate Banking Committee Chairman Chris Dodd (D-CT) answers questions during a news conference, about the failure of a bill to provide a bailout for the current financial and banking crisis, on Capitol Hill in Washington, September 29, 2008. The U.S. House of Representatives on Monday rejected a Wall Street bailout bill that would have authorized the Treasury Department to spend up to $700 billion to purchase soured mortgage-backed assets from banks with the goal of jump-starting stalled capital markets. REUTERS/Jim Young (UNITED STATES)

Reuters

U.S. Senate Banking Committee Chairman Chris Dodd (D-CT) (L) and Senator Judd Gregg (R-NH) answer questions during a news conference, about the failure of a bill to provide a bailout for the current financial and banking crisis, on Capitol Hill in Washington, September 29, 2008. The U.S. House of Representatives on Monday rejected a Wall Street bailout bill that would have authorized the Treasury Department to spend up to $700 billion to purchase soured mortgage-backed assets from banks with the goal of jump-starting stalled capital markets. REUTERS/Jim Young (UNITED STATES)

Reuters

U.S. Senate Banking Committee Chairman Chris Dodd (D-CT) (L) and Senator Judd Gregg (R-NH) answer questions during a news conference, about the failure of a bill to provide a bailout for the current financial and banking crisis, on Capitol Hill in Washington, September 29, 2008. The U.S. House of Representatives on Monday rejected a Wall Street bailout bill that would have authorized the Treasury Department to spend up to $700 billion to purchase soured mortgage-backed assets from banks with the goal of jump-starting stalled capital markets. REUTERS/Jim Young (UNITED STATES)

Reuters

U.S. Senate Banking Committee Chairman Chris Dodd (D-CT) (L) and Senator Judd Gregg (R-NH) leave a news conference, about the failure of a bill to provide a bailout for the current financial and banking crisis, on Capitol Hill in Washington, September 29, 2008. The U.S. House of Representatives on Monday rejected a Wall Street bailout bill that would have authorized the Treasury Department to spend up to $700 billion to purchase soured mortgage-backed assets from banks with the goal of jump-starting stalled capital markets. REUTERS/Jim Young (UNITED STATES)

Reuters

U.S. Speaker of the House Nancy Pelosi (D-CA) listens to questions during a news conference, about the failure of a bill to provide a bailout for the current financial and banking crisis, on Capitol Hill in Washington, September 29, 2008. The U.S. House of Representatives on Monday rejected a Wall Street bailout bill that would have authorized the Treasury Department to spend up to $700 billion to purchase soured mortgage-backed assets from banks with the goal of jump-starting stalled capital markets. REUTERS/Jim Young (UNITED STATES)

Reuters