“Existing home sales plunged nearly 10 percent in February to their lowest level in nine years…And new home sales are on track to come in at just 250,000 this year, the fewest since the Kennedy administration, when there were 120 million fewer people in the United States.” Journalists are reporting in on February’s foreclosure statistics, …
Tag Archive: rocket docket
Dec 13
Foreclosures Resume Despite Mounting Outcry
Bank of America, soon to be followed by the rest of America’s major lenders, have found nothing wrong with their foreclosure processes and have now received an okay from Fannie & Freddie to resume. And yet on October 15th, Maria & Jose Perez of Seguin, Texas, filed for a restraining order against Bank of America …
Nov 18
Inside The Fraudclosure Congressional Hearing
“The lack of restraint amongst our mortgage services has created a moral hazard juggernaut that at best prolongs and deepens the entire foreclosure crisis and at worst threatens our global economic security” Dave Lowman Lies No sooner did a spokesperson for the banks, Dave Lowman, CEO of JP Morgan Chase, say that his company was …
Recent Comments