[Colleen]

mortgage again? We made the mistake in the growing housing market a few years ago of buying more house than we could afford. We were foreclosed upon about a year ago and have been renting since. The foreclosure is the only bad thing on our credit. Will the full seven years for credit to bounce back apply given that there are so many people in the market in the same boat? I'd like to hear from any mortgage brokers or bankers out there who are in the know - when do you think those with foreclosures could get a mortgage again? Do you think it will be the full seven years or will it be sooner?