Comments on: Foreclosures Jump 79 Percent In 2007

More Expected In Coming Months; Nevada, California, Michigan, Ohio And Florida Top List

[jetlizhan]

holy cow - 79%!! i knew it increased, but had no idea that much. that''s so sad for so many (former) homeowners. i got a fixed rate of 5.875% and i''m not touching it!

[hillaryin08]

About 1.3 million homes nationwide received foreclosure-related warnings last year, up from 717,522 in 2006, Irvine-based RealtyTrac Inc. said. Foreclosure filings rose 75 percent from the previous year to 2.2 million.

mmm...out of 45 million mortages thats less than 5%. Not bad, The news makes it sound like 70% of all mortages are in Foreclosure. Were can I buy one of these, I heard their are some pretty good deals out their. Whats better with less red tape, Shariff Sale or Foreclosure? Are they usally Auction?

[easeup-2009]

"I have to get some work done now fellow citizens."

Posted by SearingTruth"

Don''t forget to ask if they want to supersize.

[searingtruth]

I have to get some work done now fellow citizens. I sincerely hope that no one here loses their home, but with a 79% increase in foreclosures last year, and more and more American jobs being exported out of our country even as our economy sputters to a halt, the chances for home owners look grim.

The best immediate advice I can offer is to try and save at least a years mortgage payments as quickly as possible.

And of course, to impeach Bush and all his accomplices from all parties for treason against our great nation, including selling critical infrastructure to our enemies, and crimes against humanity.

And if you really want change, and an American government who serves the people instead of corporations, please vote for John Edwards.
ST


"We need not debate the existence of our three branches of government, only the punishment for those who would destroy them."
SearingTruth

A Future of the Brave - www.searingtruth.com

[easeup-2009]

My "daddy???" Geez you people are myopic. The stimulus is to help the overall economy, not just for people foreclosing.

You should google, "Bush Derangement Syndrome" & then seek the appropriate help.

[shanev137]

Hey easeup if your daddy Bush is not responsible....then why is he bailing everyone out?

[searingtruth]

"I have read these posts and I have to say, what happened to saving money? I just bought my first home and I spent the past year saving for the down payment, and putting 3 months of mortgage payments aside for a rainy day ..."
cgswires


Oh oh.

Only three months for a rainy day?

But there''s a storm.

It started last year, and continues to gain strength this year.

Our economy is suffering from a critical imbalance, and that imbalance is not being addressed by anyone.

Until our people are paid a fair wage, and corporations and businesses are fairly taxed and forced to adhere to humane principals, including maintaining a fair share of their labor force in America, that imbalance will continue.

And we will never be secure, nationally or economically, until we buy our country back from China and our other enemies.

Only the wealthiest and most amoral of us, who hold no allegiance to any species or country, prosper in an economy ruled by utter inhumanity and unrestrained greed.

And as far as real estate goes, those who only have three months mortgage payments saved simply contribute to their wealth when their homes are lost.
ST


"A brutal hand is despised by all it touches."
SearingTruth

A Future of the Brave - www.searingtruth.com

[easeup-2009]

antonio

Nice irrelevant temper tantrum--I''m sure your mom is proud.

[antoniof123]

Let''s make a bet when a Democrat is elected President and that is this year because the neo cons have pretty much done that to the Republican party.

That the religious right wing nut neo cons start screaming that we need to get out of Iraq, fix the housing problems, worry about education, healh care and so on and so on.

I can hear it now s/he will not get us out of Iraq what is wrong with s/he. S/he needs to fix the economy, health care.

Now for the real clicher here it comes:

If we were in charge we would have done a better job and fixed it. All along know they caused the problem.

Good luck you right wing facist religious neo con nuts.

[easeup-2009]

CGS

Thank you for some common sense.