1 million homes repossessed in 2010 (how much, vs, money, program)

[oz in SC]

Originally Posted by proudvoterofObama

Honestly, I do not feel bad for those who don't have jobs. There are jobs out there, that of which they just don't want to take. I have a good job, and heaven forbid I lose it, but if I did do you think I would be at home, sitting on my a$$ wallowing in self pity? NO. I would be applying at every Walgreens, WalMart, restaurant, etc. to fill the void until I found something in my profession. Do I want to work at WalMart scrubbing nasty bathrooms? Hell no. Would I do it to support my family? Hell yes.

Interesting.... pay at Walmart would support your family?
It must then be a living wage....

[njguy]

Originally Posted by sanrene

Oh gosh, should I really touch this?

Obama and the democrats don't know what that phrase means.

What happened to that program of obama's that was meant to help people stay in their homes?

Oh that's right! I think about 75% dropped out of it.

Just like when HC was first brought up that he suggested that Americans have the same coverages like the members in Congress = another BS.

BTW: I say about 1.9 million homes repossessed in 2011.

[vkhmini]

Originally Posted by oz in SC

You don't think being the incredibly high unemployment rate might not be helping?

Agree. Lots of those people probably could afford those mortgages before so many jobs got shipped overseas.

Try listening to WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn! Mike Rivero has a lot to say about the foreclosure fraud in his streaming 2-hour daily program.

[vkhmini]

Originally Posted by oz in SC

Interesting.... pay at Walmart would support your family?
It must then be a living wage....

LMAO!!!!! I'm going back to bed.

[summers73]

Originally Posted by oz in SC

Interesting.... pay at Walmart would support your family?
It must then be a living wage....

MUST you destroy everyone and own every thread you post in? Save some for the rest of us!

[EinsteinsGhost]

Originally Posted by Frank DeForrest

Jimmy Carter and the CRA.

I think the goal was to turn America into one big "Habitat for Humanity" neighborhood.

Typical right wing BS, that completely distracts from root cause: horrible economy throughout the 2000s.

Or, perhaps you can explain how many of these foreclosed homes qualified for CRA...

[oz in SC]

Originally Posted by summers73

MUST you destroy everyone and own every thread you post in? Save some for the rest of us!

I am an ass...sorry.

[trlhiker]

Originally Posted by proudvoterofObama

Maybe people should stop blaming the govt. and realize it's their own fault... You know that phrase, "live within your means," comes into play on this one. You just don't buy things you cannot afford. Period.

I agree, too many people bought into crappy loans just so they could get a house even knowing they really couldn't afford it or knowing the house was overpriced. I do feel sorry for those who lost their jobs and thus lost their home but I bet the majority did the first.

[TruthBTold2U]

I bought a home in 2004 and I know what kind of tactics were used to push loans on to people. Believe me it's not just people buying too much house, both sides helped to create this monster. I walked out of many brokers' offices because they would push certain loans and always said, don't worry you can always come back and refinance the loan.

[sanrene]

This is truly frightening.

U.S. Foreclosure Filings May Jump 20% in 2011 as Crisis Peaks - Bloomberg

The number of U.S. homes receiving a foreclosure filing will climb about 20 percent in 2011, reaching a peak for the housing crisis, as unemployment remains high and banks resume seizures after a slowdown, RealtyTrac Inc. said.