The declared expectations by the “oh so wise ones” concerning jobs would be that there would be 25,000; however, the reality is that 63,000 were lost. That’s in the public sector.
The private sector lost 101,000 jobs.
Manufacturing lost 52,000 jobs.
Construction lost 39,000.
Restaurants and health care lost 19,000 and 37,000, respectively.
Yeah.....a “broken clock” is right twice a day.
FOFLOL
...Government Records
Who owns the defaulted mortgage is a headache for the government, which Morgan Stanley insists doesn't always know the correct owner of the property. Judges in at least five states have stopped foreclosure proceedings because the banks that pool mortgages into securities and the companies that collect monthly payments haven't been able to prove they own the mortgages, according to court records.
Banks or mortgage companies typically hire people to care for repossessed properties. As foreclosures increase and the value of property drops, more companies are simply walking away, Zandi said.
The three-bedroom condominium on Boston's Hendry Street deeded to Morgan Stanley is on the market for $54,900. The unit, located in an area known as Meeting House Hill for a nearby church founded by Puritans in 1631, sold for $299,000 two years ago, according to public records.
Morgan Stanley said it bought the loan in April 2006 to package and resell it in a security. That didn't happen because the homeowner defaulted on the first payment.