Posts Tagged ‘Foreclosure’
Speculation By Investors Largely Cause Of Foreclosure Crisis
Friday, November 14th, 2008
Speculation by investors is largely the cause of the foreclosure crisis. Today over 30% of the repossessed houses units are not occupied by the owner. This indicates that the person is an investor. The Government programmes that are being launched are specifically instructed not to help such investors. The reality however is that it is [...]
Popularity: 6% [?]
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Obama’s Response to Foreclosure Crisis
Tuesday, November 11th, 2008
In his first news conference after being elected the 44th president Obama responded positively to the foreclosure crisis. He has inherited a dangerous economic mantle. Obama warned on Friday 7th November that America faces an unprecedented challenge. He promised prompt action to help the Americans facing unemployment, loss of savings and loss of repo houses. [...]
Popularity: 9% [?]
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The Ordinary American Needs To Be Bailed Out From Foreclosures
Friday, November 7th, 2008
If the nation wants to regain its power then the ordinary American needs to be bailed out from house foreclosures. Joe the plumber was a symbol of the ordinary American – popularized by both Obama and McCain, the two presidential candidates. Joe cannot clear his credit card dues. With the elections [...]
Popularity: 10% [?]
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Foreclosures Having A Snowballing Effect On The National Health Of USA
Monday, November 3rd, 2008
From various surveys being undertaken it is clear that the snowballing effect of foreclosures are telling on the national health of USA.
A report released by the National Association of Insurance Commissioners after taking a survey in July noted that 11% of the citizens had either lessened the number of prescribed medicines or they are resorting [...]
Popularity: 12% [?]
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House Owner Battles to Save Home From The Jaws Of Foreclosure
Friday, October 31st, 2008
Not all are willing to surrender to foreclosures. Conrad Williams is one of a growing number of house owners who is battling to save his home from the jaws of foreclosure. In Connecticut as elsewhere in the country the tide of foreclosures continue to rise. Here there have been 1,300 foreclosure postings in September 2008.
Foreclosures [...]
Popularity: 14% [?]
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Foreclosures Crashing Dreams Of The Middle Class As They Join The Homeless Ranks
Thursday, October 30th, 2008
Foreclosures are crashing the dreams of the middle class as many of them are now joining the ranks of the homeless. Colin, a graduate from Westmont College, is one of the many. As a father and an entrepreneur he had realized the American dream. But all that turned into a nightmare when his business dealing [...]
Popularity: 15% [?]
Posted in Foreclosure | 1 Comment »
Bailout Plan Misses Out On Key Foreclosure Factor
Monday, October 27th, 2008
The $700 billion bailout plan has missed out on the key factor – foreclosures. Even this staggering amount will not be able to stabilize the market because of faulty planning. The symptoms have been addressed but not the root cause of the foreclosure malaise.
Congress and White House are hopeful that the sheer size of the [...]
Popularity: 16% [?]
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Foreclosures Widening Economic Gap between Rich and Poor
Friday, October 24th, 2008
Foreclosures are widening the economic gap between the rich and the poor in the developed world – especially in USA. The American dream of social mobility has been shattered as world careers towards recession. This is according to a survey conducted on 30 nations. Since the last two decades this gap between the haves and [...]
Popularity: 16% [?]
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Continuing Foreclosure Worsen Economy of California
Thursday, October 23rd, 2008
Continuing foreclosures have worsened the economy of California. Only a month after passing a state budget, Governor Schwarzenegger called back the lawmakers to Sacramento to come to grips with the falling economy. The revenue is already $3 billion less than what was expected.
The special session of the legislative assembly will focus on two issues – [...]
Popularity: 16% [?]
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Promises of Assistance Add To Foreclosure Woes
Friday, October 17th, 2008
As the foreclosure crisis worsens, tucked away in media corners are news of individual tragedies. Each is fraught with heart-rending agony.
In Ellicott City two elderly women struggling with health and financial problems are being threatened by foreclosures. What makes their story poignant is that this happened at a time when they were under the impression [...]
Popularity: 16% [?]
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- Utah, the New Foreclosure Hub in US
- Foreclosure Times The Best Time To Buy Houses
- In The Middle Of The Raging Foreclosure Crisis The Biggest Coup By The Rich Is Taking Place
- California Realtors Hard Hit By Foreclosures
- Placing The Blame For The Foreclosure Crisis
- Foreclosures Affecting Lifestyles of the Middle Class
