If you are really that sort of person, you should be able to borrow broker call money, or get a loan based on your D&B.
Well, as the FRB of Atlanta just published, the usual suspects in foreclosure (sub-prime lending, predatory practices) that politicians are fond of abusing, are not the real drivers of foreclosure. The decline in house prices is the main factor in foreclosure, and that is being driven, now in the prime segment of mortgages, in large part by unemployment rates. People make a ration decision, at some point, to simply walk away. It took two PhD Economists to show that.
Here in South Florida - there is little confidence that a bottom is near. An example which has just appeared on the market in my development is a townhouse which sold for $580,000 in July of 2007, which fell into foreclosure during 2008, was auctioned a the end of 2008, but did not sell, and now is being offered for $232,000. Among those I have spoken with who are aware of this offer, the general reaction is it has about $50,000 to go before it represents a good value.