April foreclosures...a shocker!

Unfortunately people are continuing to lose their homes. March foreclosures were high....but April! WOW! 1 in every 374 homeowners filed for foreclosure in April. That number is starting to make me sick to my stomach. This whole system is making me ill. These banks just throw these people on the street, write off these bad loans, and sell the house for half the price. If you gonna take a hit anyway why not just modify these loan and deal with it!