Relevant:
- Foreclosure Filings Increase In 60% Of Large U.S. Cities
- Defaults on Insured Mortgages Rise 37% in U.S. From a Year Ago
- Foreclosure Filings Decline in 84% of U.S. Cities After Paperwork Backups
- California, Ohio, Florida Cities Lead U.S. Foreclosure Filings
- New York Area Has Biggest Jump in Foreclosure Filings
2010-07-29 — bloomberg.com
"Foreclosure filings climbed in three-quarters of U.S. metropolitan areas in the first half as high unemployment left many homeowners unable to pay their mortgages, according to RealtyTrac Inc."
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catherine at 19:50 2010-07-29 said:
duh................FINALLY we are getting there...............how long has this DAMN connection taken to be made :evil: :evil: mention it here and some :roll: still bash......... All these hundreds of trillion dollar fixes and it is and ALWAYS WAS unemployment........... when it started ticking up, so did foreclosures............check the numbers................ahem........the REAL numbers. and since ole wall street securitized every loan 1,000 times over - this created the rest of the mess............. the media and government were so hot TO BLAME US and borrowers and ignore the government actions that are shuttering more businesses and unemploying more people than the Great Depression :shock: . And the VERY WORSE part is as the unemployed ranks grew- the media and government STARTED LYING ABOUT THOSE NUMBERS in order to protect the incompetents in charge.................. The real unemployment rate is over 19% - 25% FUNNY HOW THAT IS JUST ABOUT THE NUMBER OF HOMES IN STAGES OF OR ALREADY FORECLOSED :roll: :roll: :roll: but if you lie and say it is 9.75 jobless, ahem............ you are drinking kool-aid and no rational thought can be made while drinking kool-aid............... ...............if the powers that be didn't remove half the jobless right off the top (because they couldn't find a job with 500,000 leaving jobs every week) and then 700,000 MORE last month because the powers KNOW they quit looking, (how the he--ll do they know that?????????????) maybe we would have made the connection 2 years ago..............and wouldn't have had to restructure the entire nation and blow trillions of dollars............. this is why lying media CAUSES HARM................. GET PEOPLE BACK TO WORK and they will STAY IN THEIR HOMES AND BUY THEIR OWN DAMN HEALTHCARE...................... backasswards .........................and there is a difference............... one side wants to give you a job, ONE WANTS TO GIVE YOU A CHECK :wink: Permalinkadd a comment | go to forum thread
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