The real estate meltdown has claimed big-time financial institutions, such as Bear Stearns Cos. (NYSE: BSC) and Countrywide (NYSE: CFC). Other mega firms – like Merrill Lynch (NYSE: MER) and Citigroup (NYSE: C) – have had to raise billions from sovereign wealth funds to deal with the implosion.
Of course, there are millions of Americans in pain, as the foreclosure rates have skyrocketed. True, the federal government is taking some action – but such things will take time.
So what to do? Well, David Petrovich has published Fight Foreclosure!. He has more than 20 years in the real estate business and is the executive director of the Society for the Preservation of Continued Homeownership (which provides preforeclosure counseling).



