Tag: Foreclosures

Weekend Reflections Americans Loosing Their Homes: At Record High 1.5 Million In First 6 Months Of 2009

NBC YANKED THIS SNL SKIT THAT LINKED DEMOCRATS TO MORTGAGE CRISIS (Bloomberg) — U.S. foreclosure filings hit a record in the first half, a sign that job losses and falling property prices deepened the housing recession, according to RealtyTrac Inc. More than 1.5 million properties received a default or auction notice or were seized by banks in…

Oversight And Government Reform Committee: Launches Probe Into Rothschild Derivative Mortgage Lenders Which Caused Financial Crisis.

Had Christopher Dodd Supported GOP Regulations In 2001, 2003, 2005 – Housing Bubble Would Not Have Happened – Including Goldman Sachs! The House Oversight and Government Reform Committee has launched a wide-ranging investigation into the role of mortgage lenders in the global financial meltdown and economic crisis.

Obama Knighted By Queen Lizzy II: Record Number Of U.S. Homes Seized By Banks: Bail Out Proves Advantageous To Wall Street!

More US homes were repossessed by banks in August—more than 95,000—than in any other month in history, according to realtytrac.com, a real estate marketplace. The company expects 1.2 million bank repossessions this year, a level 12 times higher than in 2005, when there were only 100,000. Every month, the company releases a summary of all…

Satan’s Own Thief – Obama: Rich Extorting America To Become Richer, While Obama Printed Trillions Of Our Money To Boot Strap America To Subservience

The number of Americans filing for personal bankruptcy rose by nearly a third in 2009, a surge largely driven by foreclosures and job losses. And more people are filing for Chapter 7 bankruptcy, which liquidates assets to pay off some debts and absolves the filers of others. That is significant because a 2005 overhaul of…