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Keyword: homeforeclosures

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  • ALERT! Banks Failing at Double the Pace of Last Year

    06/19/2010 12:56:50 PM PDT · by Welshman007 · 6 replies · 266+ views
    Conservative Examiner ^ | 6/19/2010 | Anthony G. Martin
    Citing what he believes are clear signs the economy is bouncing back from recession, Vice-President Joe Biden yesterday touted Barack Obama's 'stimulus package' and bailout of Wall Street. Time for yet another fact-check on the pathological liars of the Obama Administration. Banks are failing at double the rate of last year. During 2009, which the government claims was the peak of the recession, the total number of bank failures at this point in the year was 40. It is already 83 for this year. Yet the FDIC is running ads on radio stations across the country attempting to scare people...
  • Foreclosure Wave Bears Down on Immigrants

    03/25/2007 11:51:19 PM PDT · by Types_with_Fist · 58 replies · 1,498+ views
    Washington Post ^ | 2-26-2007 | Kirstin Downey
    Immigrants are emerging as among the first victims of a growing wave of home foreclosures in the Washington area as mortgage lending problems multiply locally and across the country. Nationally, 375,000 high-interest-rate loans were made to Hispanics in 2005, and nearly 73,000 of them are likely to go into foreclosure, said Aracely Paname?o, director of Latino affairs for the Center for Responsible Lending. About 1.1 million homes in the United States are expected to go into foreclosure in the next six years, and many native-born Americans are likely to be stuck with burdensome loans. But immigrants are getting hit first...