Th Tsunami of Foreclosures Increase by 7%..!


	Th Tsunami of Foreclosures Increase by 7%..!

TJColatrella

8-13-2009 11:25 AM

76 views

tags:

mortgages, sub primes. foreclosures, eviction, homelessness, tent cities, corruption, geithner, bernanke, moral hazard

TJColatrella says:

This is and will be the greatest displacement of Americans in our nations history...!

:Shame on you Barack Obama, shame on you..!"

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/04f4ff74-31a6-447f-955d-acf2c52ff619/A791A3BA-9AC9-478E-B8D9-A2980DF6FE57/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.huffingtonpost.com/2009/08/13/foreclosures-rise-7-perce_n_258276.html" href="http://www.huffingtonpost.com/2009/08/13/foreclosures-rise-7-perce_n_258276.html" style="font-size: 11px;">www.huffingtonpost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/08/13/foreclosures-rise-7-perce_n_258276.html"><DIV class="big_photo">
			<IMG width="178" height="300" src="http://www.huffingtonpost.com/huff-wires/20090813/us-foreclosure-rates/images/d0fa60b9-aae7-441b-8a46-bcb15ef695f1.jpg" />
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				HOLD FOR RELEASE AUG. 13 AT 12:01 A.M. EDT; graphic shows total foreclosure filings for past 13 months
			</DIV>
		</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/08/13/foreclosures-rise-7-perce_n_258276.html"><P>WASHINGTON — The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/08/13/foreclosures-rise-7-perce_n_258276.html"><P>Foreclosure filings were up 32 percent from the same month last year, RealtyTrac Inc. said Thursday. More than 360,000 households, or one in every 355 homes, received a foreclosure-related notice, such as a notice of default or trustee's sale. That's the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/2009/08/13/foreclosures-rise-7-perce_n_258276.html"><P>Banks repossessed more than 87,000 homes in July, up from about 79,000 homes a month earlier.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A791A3BA-9AC9-478E-B8D9-A2980DF6FE57/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>