Within the gates of the exclusive Los Lagos development in Granite Bay, home to business executives and real estate magnates, the postman delivers almost one fresh home loan default notice a month. Mortgage defaults are not just a problem of the poor.. Read more: http://www.sacbee.com/2011/01/02/3293600/foreclosures-also-hit-high-end.html#ixzz19ttRGmK2