Foreclosure crisis far from over

Despite what mainstream media calls a recovering economy, the reality is Americans are still losing their house to foreclosure. The foreclosure crisis is far…

By | 2013-08-27T17:19:13+00:00 August 27th, 2013|Mortgages Home Loans Interest Rate|25 Comments

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  1. dailypaymachine August 28, 2013 at 5:33 AM - Reply

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  2. psiewert83 August 28, 2013 at 5:03 AM - Reply

    Yeah fuck the company that gave you a massive fucking amount of money in order to support your family and put a roof over your head. Those fucking pricks!!!

  3. psiewert83 August 28, 2013 at 4:24 AM - Reply

    Did you not realize that happens when you stop paying your mortgage?

  4. psiewert83 August 28, 2013 at 4:06 AM - Reply

    Yeah I know what I’m doing. I educated myself, studied hard, applied myself, have a fantastic job with a large salary, rented an apartment for 4 years while I saved money. Built up an extremely large down payment and safety net. Bought a house 2 years ago. Pay my mortgage on time plus an additional month payment every year. I helped MYSELF through life. I didn’t rely on a bank or my daddy to support me while i say on my ass like you do.

  5. psiewert83 August 28, 2013 at 3:40 AM - Reply

    Well if I was uneducated like yourself I would probably BE working at McDonalds. Thankfully I applied myself and can afford to pay my mortgage.

  6. psiewert83 August 28, 2013 at 3:15 AM - Reply

    Perhaps if you wouldn’t have been a dumb ass and over reached your spending in the first place you wouldn’t have done your part in hurting this economy so bad. And yes i DO have a vested interest in making sure people keep paying their mortgages. If the bums stop paying, the banks get fucked, and then the government will bail them out with MY money. Maybe someday you’ll grow up and see how negatively your immaturity and stupidity affects us all.

  7. sha370z August 28, 2013 at 2:37 AM - Reply

    The fed bail out the banks 9 trillion in over night loans sep oct 2008 . did the something in 2009
    loaning out trillion more and the fed buying up the bad home loans in 2009

  8. Myron Pearson August 28, 2013 at 1:55 AM - Reply

    I’m shitfaced drunk and I just shit my fucking pants!

  9. DoloricaMortgage August 28, 2013 at 1:04 AM - Reply

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  10. 101workoutmusic August 28, 2013 at 12:26 AM - Reply

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  11. SeymourPicks August 27, 2013 at 11:49 PM - Reply

    Banks like Bank of America even went so far as to repossess homes that had NO MORTAGE WITH THE BANK! Then, they were SOOOOO ARROGANT that they refused to repay the owners what the court ordered for HALF A YEAR until, in one case, the owner’s attorney seized the local Bank of America assets. It took THAT EXTREME of an action to get BofA to pay the amount a court had already ordered. This is incredible greed. I wrote a little song here and posted to BofA in tribute to their greed.

  12. SeymourPicks August 27, 2013 at 11:21 PM - Reply

    Very well said by by the commentator here — that SERIOUS flaw of entire bailout was that nothing required banks to use this write down loans that could be saved from foreclosure. Neither party was smart enough to put ANYTHING in this enormous bailout that would require banks to use the money to provide mortgage relief. So, the banks just pocketed it and went right on with foreclosures at such a fast rate that they 1) dropped the values of properties much faster across the U.S. 2) were illegal.

  13. les cain August 27, 2013 at 11:04 PM - Reply

    Yes ! this foreclosure crisis is far from over and in my opinion it’s just now getting started and we are in the fight to help with foreclosure nationally. 

  14. Stephen Githinji August 27, 2013 at 10:58 PM - Reply

    WE lay out BY POINT What the banks have done with the note through the securitization process. DISCOVER IF YOUR BANK IS BREAKING THE LOW BY FORECLOSING ON YOUR HOME ILLEGALLY
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  15. psiewert83 August 27, 2013 at 10:03 PM - Reply

    Are you really under the impression that taxes are illegal? If you choose to live in America you agree to pay whatever taxes they create. It’s part of our constitution. All we can really hope is that smart people elect smart presidents (unlike Obama) to use careful thought and consideration when creating new or extending taxes.

  16. psiewert83 August 27, 2013 at 9:28 PM - Reply

    Heres a simple trick to avoid a foreclosure people! Step 1) Don’t buy a fucking house you can’t afford. Step 2) Don’t buy a house if you cant afford at least 20% down. Step 3) Pay your fucking mortgage on time!

  17. psiewert83 August 27, 2013 at 9:04 PM - Reply

    So you stopped making mortgage payments, and you expected the bank to help you out?!?!?! You’re the definition of whats wrong with the middle class in this country. People need to stop blaming everyone else for their mistakes and take some responsibility. Perhaps before you bought this house you should have saved up an entire years worth of mortgage payments. Perhaps you should have been smart and put down 20%. If you couldn’t afford to do either, you had no business buying a home. Period.

  18. psiewert83 August 27, 2013 at 8:44 PM - Reply

    So you think that studying hard in highschool, earning a scholarship to a community college, getting to the top of my class, finishing up a degree at a public university, graduating with honors, moving to a new state on my own to start a new job, paying my own way, renting my own place, saving my own money, and buying my own home are signs of me being fed with a silver spoon?!?! You’re fucking delusional. Open your eyes and stop leeching off the system.

  19. psiewert83 August 27, 2013 at 7:59 PM - Reply

    A simpler solution would be to just pay your mortgage.

  20. psiewert83 August 27, 2013 at 7:45 PM - Reply

    Then you should have had money saved up before you bought a house. If I lost my job today I’d have 8 months of salary to live on and pay mortgage with. If your career is that unstable in the first place though you should have been buying a house.

  21. psiewert83 August 27, 2013 at 7:21 PM - Reply

    HAHAHAHAHA!!!! So you claim to have made 5 million dollars over 10 years but you cant even manage to pay for a fucking mortgage!!! HAHAHAHAHAHAHAHAHAHA

  22. psiewert83 August 27, 2013 at 7:06 PM - Reply

    HAHAHAHAHHAHAHAHAHA a business owner named “hotdrummer” HAHAHAHAHAHAHAHAHAHA

  23. psiewert83 August 27, 2013 at 6:58 PM - Reply

    I’ve overcome more challenges in my life than you could possibly ever imagine. Stop pretending that you’re some hotshot exec when really you just sit on your ass on youtube all day. Get a fucking life.

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  25. Mihail Viteazu August 27, 2013 at 6:01 PM - Reply

    We have exterminated the property owners in Russia.We are going to do the same thing in Europe and America.
    (The Jew, December 1925,Zinobit
    The world revolution which we will experience will be exclusively our affair and will rest in our hands. This revolution will tighten the Jewish domination over all other people.”
    - Le Peuple Juif, February 8, 1919
    Here is their plan for you.Read this SCRIBD book

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