No
Owners of 303,879 properties, or one in 416 U.S. households, got a default notice, were warned of a pending auction or foreclosed on last month. That was the most since reporting began in January 2005.
The numbers are at historically high levels, assuming "since 2005" can be defined as "historical," but we're still talking about only 1 in 416 homeowners in this crack.
BTW, have you also noticed a violent allergy to information around here?