USA Today - Opinion | January 4, 2016 LAS VEGAS -- I used to think of foreclosure as chillingly final. Then I visited this city, where the slow unspooling of the great housing crash of 2007-2009 is affording free shelter to tens of thousands of people. Most are living in homes they technically still own, but on which they haven’t made a mortgage payment in months or years; others are squatting illegally in homes that were abandoned by owners who defaulted on mortgages. These homes are in real estate limbo — in foreclosure, but not actually foreclosed — because many lenders are taking their time completing the process that eventually leads to repossession and resale. Read more here.