Jun
13
2009
Obama’s help for Homeowners; nothing but another propaganda myth…
Posted by: in Mortgage Loan News, tags: Banks, Excerpt, Foreclosure Report, Foreclosures, Myth News, News Sources, Obama, Propaganda, Realtytrac, Signs
News Sources wrote an interesting post today on
Here’s a quick excerpt
Foreclosures down slightly, but no signs of stabilization yet for homeowners. Anyone hoping for a housing bottom will likely be discouraged by the RealtyTrac’s foreclosure report this morning. U.S. foreclosure filings topped 300,000 for the third straight month in May and are expected to hit a record 1.8 million by the end of the first half of the year. The number of filings fell 6 percent from last month, “but as foreclosures continue to mount there are clear signs that the banks a
Here’s a quick excerpt
Foreclosures down slightly, but no signs of stabilization yet for homeowners. Anyone hoping for a housing bottom will likely be discouraged by the RealtyTrac’s foreclosure report this morning. U.S. foreclosure filings topped 300,000 for the third straight month in May and are expected to hit a record 1.8 million by the end of the first half of the year. The number of filings fell 6 percent from last month, “but as foreclosures continue to mount there are clear signs that the banks a
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