Homelessness in America to Skyrocket

The U.S. unemployment situation isn't sitting well with foreclosure experts at USHUD.com and Heavy Hammer Inc. who have issued a statement warning that homelessness in America is poised to skyrocket as high rates of unemployment and foreclosures persist.

"With seven million jobs lost since the beginning of the recession, and unemployment hovering at record levels, households are collapsing at an alarming rate. Younger Americans are returning home and the recently unemployed are turning to friends and loved ones for help in order to keep their families off the streets," said Heavy Hammer Inc. CEO Michael Urbanski.

He added: "Job creation is the cornerstone to financial recovery that legislators must address."

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