2010-02-11 — bloomberg.com
"U.S. foreclosure filings rose 15 percent in January from a year earlier and exceeded 300,000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, RealtyTrac Inc. said."
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Chaffed By It All at 22:26 2010-02-11 said:
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1129174 PermalinkMortgageDrummer at 00:19 2010-02-12 said:
So, this 300,000 number , does it include the ones already on the books from less than 2 years ago? We are only one of many that have lost their home. We bought a foreclosre in 2001 for bascially the 10 flat acres. We did a complete remodel from the studds out as you could not finance the home at that time and it was going to fall down. We put this deal together with private money and worked for the next 8 years to build our home. (out of pocket) . . can anyone say sweat equity? Our daughters went from "Put your shoes on or your going to cut your feet." to "Take your shoes off as your going to get the carpet dirty." Our children grew up in that house! Now we are not suppose to let our children see us cry? We have lost everything we worked for. . I say worked for. . I say worked for. . I say worked for. . .we now have no health insurance, no savings, no house , no business "Oh but don't cry in front of your children . . . Heck the way I look at it is "It's an Econ lesson!" I'm in my 50's and when we were young our parents would shove it all under the rug, don't tell the children! Puh. . This is life and our children are living it too. . . It's just made them more aware of how "NOT TO CONDUCT THEIR LIFE " !!!! "You can't teach ethics or regulate honesty!" Permalinkadd a comment | go to forum thread
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