UNCOUNTED FORECLOSURE PROPERTIES

FOR SEVERAL MONTHS NOW I HAVE BEEN GETTING E MAILS AND INFORMATION VIA OLD BANKER/INSURANCE AND REAL ESTATE FRIENDS REGARDING RESIDENTIAL FORECLOSURES..MOST OF THEM ARE TELLING ME THAT GOVERNMENT,BANKS,MORTGAGE COMPANIES AND WALL STREET HEVE "LIED THROUGH THEIR TEETH" ABOUT THE AMOUNT(QUANTITY) OF THESE..THEY CLAIM THE TRUE FORECLOSURE AMOUNTS WERE NOT DISCLOSED SO AS NOT TO CAUSE A PANIC IN 2008/2009 AND THAT IF PUBLIC KNEW THEY WOULD REVOLT..THIS REALLY CONFIRMS A BELIEF I HAD LAST YEAR WHEN ALL THIS FORECLOSURE STUFF BEGAN..THE UNDERLYING BELIEF IS THAT THE REAL ESTATE MARKET WILL REBOUND AND EVERYONE WILL FORGET ABOUT IT.. BUT THERE ARE CONTINUING SIGNS THAT THESE "UNCOUNTED FORECLOSURES " COULD BE A HUGE FINANCIAL MISTAKE".. THAT MEANS OUR ACCOUNTING IS BEING MANIPULATED/MASSAGED TO SAY WHAT WE WANT..THAT'S TRANSPARENCY?? I THINK NOT ..ghengisjohn