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Higher repossession predicted in 2009
There is to be an increase in the amount of homes being repossessed next year, even though massive amounts of people being repossessed this year alone. An estimated 65% increase in the amount of people about to lose their homes this estimate was made by the Council of... The Housing Crisis and a Fight-Back Program
"The current economic crisis has been building for years. At its root is the massive elimination of decent-paying jobs and lowering of wages in the U.S. and worldwide, a phenomenon explained and analyzed so well in the party’s newest book, “Low-Wage Capitalism.”The...Probing Golden West
"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...
created by MortgageAuditor | 4 years ago | updated 4 years ago
217 views | 0 recommendations | 0 comments
217 views | 0 recommendations | 0 comments
Gregor Robertson: beware the power of the NDP Kingsway Mafia
Charllie Smith at the Georgia Straight penned a fascinating piece on the inner workings of Vancouver's left. According to Smith it includes a powerful group he identifies as the Kingsway Mafia."But first,... Voice Report on the job market in Galveston
"Hi, this is Mark Mayhew in Galveston and last week I talked about the housing crisis in Galveston and this week I'm gonna talk about the job crisis in Galveston, and again, this is just me, maybe other people...
created by markmayhew | 4 years ago | updated 4 years ago
202 views | 22 recommendations | 3 comments
202 views | 22 recommendations | 3 comments
Families (in Galveston, Texas) falling through cracks with FEMA
"After Hurricane Ike came shore Sept. 13, leaving a trail of destruction along much of the upper Texas Coast, 489,472 Texas residents registered for housing assistance.As of Thursday, 68,904 registrants — 14 percent — had received assistance from the federal... Housing all locked up on isle (Galveston Island)
"Available housing is limited. Some people are finding that the places they want to rent have yet to be repaired after Hurricane Ike slammed into Galveston on Sept. 13, flooding 75 percent of the island and rendering four of the island’s public housing complexes...Employers slashed 240,000 jobs in October
"The nation’s unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, the government said Friday."This article is newsworthy because it provides further proof (if any more was needed) that the economy is in a recession. Voice Report on the housing crisis in Galveston (post-Ike)
"Hi, this is user Mark Mayhew in Galveston, Texas and this report is, or was, inspired by my roomate's landlord putting a 3 day eviction notice for non-payment of rental on my door yesterday. And last night I told...
created by markmayhew | 4 years ago | updated 4 years ago
345 views | 51 recommendations | 9 comments
345 views | 51 recommendations | 9 comments
Aging Polk barracks receiving millions in renovations
www.Army.milCommunity members who live and work on the installation know that Fort Polk's barracks are aging. Original construction of the buildings in the late '70s and early '80s was designed for a 50 year... Buy a house, get a BMW car for free in India
"Housing loan linked subprime crisis led to current state of economic slowdown in the United States and its contagion has spread all over world. The Indian real estate sector grew... Spinster rejects £2m in battle to keep stars away
This story is followed by an excellent commentary from Rob Hopkins - a resident of beautiful Devon, UK, whose website www.TransitionCulture.org is definitely worth visiting:–"By Terri Judd– ...
created by Maireid Sullivan | 4 years ago | updated 4 years ago
790 views | 6 recommendations | 4 comments
790 views | 6 recommendations | 4 comments
They Did It On Purpose: The Housing Bubble & Its Crash were Engineered by the...
During the Clinton administration, the government required the financial industry to start expanding the frequency of mortgage loans to consumers who might not have qualified in the past.When George W. Bush was named president by the Supreme Court in December 2000, the stock... 206 views | 6 recommendations | 1 comment
American spening, materialism and the world in images.
http://www.zimbio.com/American+economy/articles/75/Materialism+American+gluttony+rest+WorldThe Seven Deadly Sins of Wall Street and Main Street
" “Find someone who wants something for nothing then give them nothing for something.Anonymous con artist"Moral bankruptcy rather than financial is the primary cause of the current financial mess.Top Members Today
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