2009-07-29 — housingwire.com
"And it’s not just the overall inventory of foreclosures that is increasing, either: New foreclosures are on the rise, as well. “Foreclosure starts in June increased 1.6 percent to the second highest level on record, while reinstatement and recidivism rates are not yet showing signs of improvement,†LPS said in a statement. Backing this sort of logic up, July ABX remittance data released Tuesday found that modification rates had actually declined slightly during the month among most of the tradeable indexes."
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catherine at 03:20 2009-07-30 said:
no surprise here, the taxpayer paid 2 trillion to the investment banks and banks for their horrible horrible toxic losses - THEY BECAME THE TAXPAYERS HORRIBLE HORRIBLE TOXIC LOSSES - and hey, so what cause JP has a profit this month :roll: :roll: ....... THEY GOT OUR CASH AND DUMPED THEIR LOSSES ON THE TAXPAYER TO CLEAN UP, (but surprise on the JPs of the world-------- those were OLD losses and now THEY HAVE TONS OF NEW LOSSES IN THEIR BUCKETS and we are out of money - so half of the JPs have to disappear now the fun begins) can't make this crap up................. Permalinkadd a comment | go to forum thread
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