American Foreclosures Tsunami

Due to the global financial crisis, many people in the US are now loosing their homes as a result of unwarranted foreclosures.

Foreclosure Wave Hits Miami

Coldwell Banker Miami Realtor Lisa Thomson on how the moratorium is creating a backlog in foreclosures sales.

What You Need to Know About Buying a Foreclosure

Home Buyer Kevin Jones on the uncertainties of buying a foreclosed home despite the lower costs.

Strategic default : Underwater, Walking Away

Oct. 15 2010 | Insight on the growing number of "strategic default" cases, with Chad Ruyle, YouWalkAway.com, and Peter Safronoff, strategic defaulter.

JPMorgan Foreclosure Problems

Sept. 29 2010 | CNBC's Diana Olick has the details on JPMorgan following GMAC Ally in re-examining documents in current foreclosure proceedings.

Foreclosures Rise For 9th Straight Month

FBN's Connell McShane on the increase in foreclosures in August.

The Foreclosure crisis will worsen says Bob Chapman

Bob Chapman on A Marines Disquisition June 10 2010

The Foreclosure crisis will worsen Bob Chapman , you should rent advises Bob Chapman the international forecaster , rent is king right now and pay cash....





Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.

Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt

Foreclosure Filings Rise 16% as Bank Seizures Set Record

April 15 (Bloomberg) -- Foreclosure filings in the U.S. rose 16 percent in the first quarter from a year earlier and bank seizures hit a record as lenders stepped up action against delinquent homeowners, according to RealtyTrac Inc.

Mortgage Fraud Rising - watch out for Foreclosure rescue schemes

watch out for Foreclosure rescue schemes

Jeanetta Standefor's plan to help neighbors avoid foreclosure while making a profit was a scam. American Greed goes inside the story of one woman who bilked 600 investors out of millions.

Bob Chapman : Real Estate is not going to recover for at least 8 years , you should rent not buy

Bob Chapman : Southern California is going to become an absolute zoo

The silver is really under priced , silver is basically a commercial metal today , and they do not produce enough silver every year to meet the commercial demand , the only reason the silver price is where it is today is because the government is manipulating the prices , this won't last forever , these prices are going to break out , silver is probably a better buy than gold from a leverage point of view says Bob Chapman the International Forecaster
you do not want to own a real estate you want to rent , it is cheaper and gives you more mobility ...you wanna travel light nowadays says Bob Chapman , we do not know what it is going to happen but it is not going to be good , Bob Chapman added . The price on the average house in America right now is down 32% , Bob Chapman expects it to go down 40% , there are areas where they are down 50% 60% , 70% and they are going to go lower......

Bob Chapman : Real Estate is not going to recover for at least 8 years , you should rent not buy

Foreclosure Rates Climb at Smallest Rate in Four Years

IHS Global Insights Patrick Newport discusses the hurdles facing the housing market.

Foreclosure Crisis Still Threat to Recovery Analyst says

Jan. 11 (Bloomberg) -- Susan Wachter, a real estate professor at the Wharton School at the University of Pennsylvania, talks with Bloomberg’s Lori Rothman about the potential impact of prime foreclosures on the U.S. economic recovery. Wachter also discusses the unemployment rate's effect on the housing market, and the implications of Federal Reserve monetary policy for banks and homeowners. (Source: Bloomberg)

Foreclosures May Spike Without Writedowns Lockhart Says

Dec. 11 (Bloomberg) -- James B. Lockhart III, vice chairman of WL Ross & Co. and the former director of the Federal Housing Finance Agency, talks with Bloomberg's Carol Massar about the outlook for the U.S. housing market. Lockhart also discusses the outlook for the commercial real estate market and the future of Fannie Mae and Freddie Mac. (Source: Bloomberg)


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Foreclosure Rates Improve In November

Foreclosure Rates Improve In November, Still High From 1 Year Ago

12/10/09 According to RealtyTrac Inc., the rate of national foreclosures improved in the month of November from the previous month. Still, the numbers are high compared to one year ago.

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Housing Market Getting Worse Elizabeth Warren on Tech Ticker

Rising U.S. Unemployment Continues to Haunt Housing Market

"We see things getting worse in the housing market," Warren says, citing the pernicious effects of foreclosures, which rose 5% in the third quarter to a total of 937,840, according to RealtyTrac.

"The long-term impact of high foreclosure rates on our housing market and overall economy would be disastrous," Warren warns, citing estimates that 10 to 12 million U.S. homes could ultimately go into foreclosure. "We have to get foreclosures under control."

Foreclosures on the Rise

Foreclosures were essentially flat in August, but the devil is in the details, reports CNBC's Diana Olick.

Foreclosures adjustable rate Mortgage tales of distress of desperate homeowner

Trapped in a vortex of debt and interests rates , ending up paying more than the real value of the house with the risk of foreclosure all to the benefits of the banks ...

Foreclosure Fraud

foreclosure fraud
In my backyard garden talking about the courts threatening to allow the banks to unlawfully hijack my family legacy and they usually use a Sheriff, ,,, (who are supposed to protect ordinary folks from big corporate criminals who steal our family's labor, and sell our childrens futures to foreign entities who are impersonating a de-jure representative government of the unanimous majority,,,, or was that only 51% of them telling the other 49 that
they can steal your land if the 'majority' feels like it, thats called "Mob Rule" .. people need to understand their own personal sovereignty, before this gangster bankster game will ever end, people will have to be responsible for themselves, and revert to simpler ways, clean ways of life, and what is free, money is what got us into9 this mess and getting rid of it will get us out, but we ALL need to walk out from under the pyramid, not just a few, but MILLIONS need to all STOP using their monopoly money
Category: Nonprofits & Activism
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foreclosure fraud banksters banks bailout GMAC Mortgageit Inc united vision financial courts clerks judges corruption criminal government rico

The Housing Boom and Bust : Glenn Beck and Thomas Sowell

The recession was caused at least in part by the housing crash , the housing crash is far from over , US foreclosure filing hits a record of 342.038 for April , that's an increase of 32% compared to 2008 , In California foreclosures are up 42% and Florida 75% , price of houses have falling 32% from the 2006 peak , markets have tumbled businesses have failed , growing unemployment threatens more foreclosures

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Banks Can Now Take Your House 2009

Foreclosure rates jumped 18 percent in May, according to figures released Tuesday by RealtyTrac.

RealtyTrac, an Irvine, Calif.-based firm that tracks real estate statistic, said there were more than 300,000 foreclosure actions filed against U.S. homes in May, the third month it has exceeded the 300,000 mark.

Foreclosure actions include default notices, auctions and repossessions by banks. In all, 321,480 U.S. residential properties experienced a foreclosure action in May, or one in every 398 homes in the country.

RealtyTrac said an 89 percent spike in Oregon helped contribute to the May totals. Washington, Michigan, Arizona, Nevada and New York, also posted significant year-over-year increases.

In Oregon, 3,067 foreclosure actions were filed in May, or one for every 525 homes. Oregon ranks 12th in the nation for foreclosure. Deschutes, Clackamas, Columbia, Jackson and Josephine counties have Oregons highest foreclosure rates.

In Washington, there were 3,833 foreclosure actions in May, or one for every 716 homes, representing a 48.28 percent increase over a year ago.

Nevada, California and Florida had the highest foreclosure rates in the nation.