Screwing Banks That Screwed the Homeless

atlantis

Charley James: Since the onset of the Great Foreclosure Adventure launched by banks and mortgage companies in 2007 causing the housing market collapse, the financial industry has done a great job of screwing the homeless twice, and without any foreplay or even a kiss.

Foreclosures 101 – Part 3

Foreclosure

Kwazi Nkrumah: Foreclosure Crisis Continues – There are over 3.5 million American households that are over 4 months in arrears in their mortgage payments.

Foreclosures 101 – Part 2

Foreclosure Key

Kwazi Nkrumah: After U.S. housing prices peaked in mid-2006 and began a sharp decline thereafter, refinancing became more difficult.

The Foreclosure Crisis: Urgent as Ever and Could Get Worse

foreclosure sale

Carl Bloice: There are an estimated 3.5 million seriously delinquent mortgages out there. There were nearly 2.7 million foreclosure filings on about 1.9 million homes last year. That’s down from 2007, but it’s still about one out of every 69 homes in the country.

Your Local Broadcast News Is Making Us Stupid

fox clear message

Tina Dupuy: Let’s talk news. And where the majority of Americans – as in over 50 percent (by most estimates) – still get their news – from their local nightly news show. Any discussion about how unaware Americans are when it comes to news needs to have its finger pointed at the proper culprit: Your local broadcast.

A Permanent Housing Collapse?

Shamus Cooke: The housing market appears to be on a never-ending downward spiral, with the much-discussed “recovery” always around the next corner.

Exploit This Tragedy

bill gates

Tina Dupuy: The “don’t exploit this tragedy” knee-jerk catch-all phrase is absolutely meaningless. In American politics, we rule by crisis. There is no political will to act unless something is burning, melting or spewing. We don’t plan for the future – we brace for it.

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