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US Foreclosure: Homelessness, Hunger - Page 4

One in Ten Mortgage Borrowers Will Lose Their Home To The Bank:

New Observations is forecasting that a minimum of one in ten homes with a mortgage today will be lost to foreclosure in the next two years and that this loss represents a staggering five-million-unit addition to inventory-for-sale. Ref. Source 3

Hunger Homelessness Foreclosure US

I just wanted to report that I'm one of the blessed ones to have gotten a mortgage rate locked in at 4.75%. The closing is on Aug 6th and I am so looking forward to it. I am truely blessed here because it is one of the lowest rates around.

US Foreclosure: Homelessness, Hunger History & Civil Business Politics

You are fortunate to be in that position, so many others are not and learn the hard way on the streets about the folly of their plans to buy a home through an unfair system.

Page 4 Hunger Homelessness Foreclosure US

People think the bad mortgages are getting close to being at a end. I think that these people are wrong. I think in the next couple years when people think we will be coming out of this mortgage fiscal we will be hit with more homes going into foreclosure. I hope that I am wrong.

Hunger Homelessness Foreclosure US

U.S. home foreclosures reach record high in second quarter:

The number of U.S. homes taken back by banks through foreclosure hit a record high in the second quarter, even as lenders delayed more homes from entering the process through short sales and loan modification efforts, according to data to be released Thursday. Ref. Source 8

US Foreclosure: Homelessness, Hunger

I knew the numbers were going to be higher I just did not know how much higher. I still think we we are going to see another major round of foreclosures in a year or so.

US Foreclosure Homelessness Hunger - Page 4

As recession deepens, families become the new face of homelessness

SALT LAKE CITY - It's 6 a.m., and David Brown peers through the early dawn shadows at his wife and four small children, dreaming about better days as they lie on mattresses all around him inside a classroom at St. Catherine's Newman Center. Ref. Source 8

US Foreclosure Homelessness Hunger Politics Business Civil & History - Page 4

Homes keep falling into foreclosure as programs fail to help:

In the first half of 2010, more than 1.6 million U.S. Properties were hit with foreclosure filings, which include bank repossessions, default notices and auction sale notices. Ref. Source 8