You lost your house but you still have to pay!
NEW YORK - February 3, 2010 - As terrible as it is to lose your house to foreclosure, at least it's a relief to put your biggest financial headache behind you, right?
Wrong.
Former homeowners may still be on the hook if there's a difference between what they owed on their mortgages and what the bank could sell their properties for at auction. These "deficiency judgments" are ticking time bombs that can explode years after borrowers lose their homes.
Wrong.
Former homeowners may still be on the hook if there's a difference between what they owed on their mortgages and what the bank could sell their properties for at auction. These "deficiency judgments" are ticking time bombs that can explode years after borrowers lose their homes.
Biting Depression leaves more Amerikans hungry!
CHICAGO, Illinois - February 2, 2010 - The number of Amerikans receiving emergency food from the largest U.S. hunger-relief charity and its partners rose by 46% from 2005 to 2009, according to a report released on Tuesday.
Unemployment rises in most metro areas!
WASHINGTON - February 2, 2010 - Unemployment rose in most cities and counties in December, signaling that companies remain reluctant to hire as the economy continues down the road to Depression.
White House paints grim fiscal picture!
WASHINGTON - January 31, 2010 - The White House will predict a $1.6 trillion U.S. budget deficit in the 2010 fiscal year, a fresh record and the biggest since World War II as a share of the economy, a congressional source told Reuters on Sunday.
Six more failed banks seized by regulators!
LOS ANGELES, Kalifornia - January 29, 2010 - The Federal Deposit Insurance Corp (FDIC) said First Regional Bank in Los Angeles, Florida Community Bank, First National Bank of Georgia, American Marine Bank in Washington, Marshall Bank in Minnesota and Community Bank and Trust in Georgia had failed - pushing the tally to 15 banks that have failed this year.
Foreclosures spreading to previously insulated regions!
NEW YORK - January 28, 2010 - U.S. foreclosure actions firmly centered on Sun Belt states in 2009 but activity spread to previously insulated areas, and unemployment became the biggest driving factor, RealtyTrac said on Thursday.
George Soros says gold is now the ultimate bubble!
LONDON, England - January 28, 2010 - Gold is now "the ultimate bubble", billionaire investor George Soros has declared, sparking fears that prices for the precious metal may soon suffer a tumble.
More Articles ...
- New home sales fall in December!
- Verizon to cut 13,000 jobs!
- Escalating pension crisis will bankrupt major city!
- Massive housing complexes go to creditors!
- Federal deficit projected at 1.35 trillion dollars!
- Wal-Mart to cut 11,200 jobs at Sam's Club!
- FDIC closes five more banks in five States!
- Initial jobless claims rise unexpectedly!
- Home construction falls while wholesale prices edge up!
- Russia diversifies into Canadian dollars!
- Citigroup loss signals more trouble for commercial banks!
- Report anticipates new wave of mortgage defaults!
- The United States of debt!
- Citigroup loses $7.6 billion in fourth quarter as it repays TARP!
- Japan Airlines files for bankruptcy protection!
- Arizona closes state parks!
- Dollar crisis looms if U.S. doesn't curb debt!
- December retail sales drop!
- December foreclosures jump!
- Chamber warns of deeper Depression due to Democrat policies!
- More families rely on food stamps to feed children!
- Some jobs will never return!
- AMBROSE EVANS-PRITCHARD: America slides deeper into Depression as Wall Street revels!
- Mortgage delinquencies up at Fannie Mae and Freddie Mac!
- Sharp drop in temperatures could spike food prices!
- Number of new jobless claims increase!
- Banks considering cuts in principal for distressed mortgages!
- South Florida has over $12 billion in troubled commercial real estate!
- Noted economist predicts lawlessness in the United States!
- Economists say financial crisis is far from over!
- States running out of money for unemployment benefits!
- 2009 bankruptcies up by 32 percent!
- Devastated commercial market to spark more lawsuits and bankruptcies!
- Commercial real estate could trigger deeper Depression!
- Amerikans seek silver lining in 2010!
- U.S. new jobless claims dip to 17-month low!
- U.S. in fiscal peril with $12.1 trillion debt!
- Japan Air stock plunges as investors fear bankruptcy!
- Treasury claims majority stake in GMAC!
- North Texas commercial foreclosures jump by 27 percent!
- Real estate could be a red flag for smaller banks!
- Debt will continue to dominate in 2010!
- Royal Canadian Mint reveals how it lost gold!
- National Irish Bank to stop handling cash!
- Small business bankruptcies rise 81% in Kalifornia!
- Third-quarter growth revised downward!
- More prime mortgages default in third quarter!
- Citadel Broadcasting files bankruptcy!
- City shuts down on Christmas Eve to save cash!
- U.S. Treasuries harder to buy!
Eulogies
Eulogy for an Angel
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Freedom
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My Father
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Dr. Stan Dale
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MICHAEL BADNARIK
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A. Solzhenitsyn
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Patrick McGoohan
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Joseph A. Stack
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Bill Walsh
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Walter Cronkite
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Eustace Mullins
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Paul Harvey
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Don Harkins
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Joan Veon
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David Nolan
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Derry Brownfield
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Leroy Schweitzer
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Vaclav Havel
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Andrew Breitbart
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Dick Clark
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Bob Chapman
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Ray Bradbury
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Tommy Cryer
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Andy Griffith
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Phyllis Diller
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Larry Dever
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Brian J. Chapman
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Annette Funnicello
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Margaret Thatcher
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Richie Havens
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Jack McLamb
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James Traficant
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Dr. Stan Monteith
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Leonard Nimoy
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Stan Solomon
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B. B. King
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Irwin Schiff
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DAVID BOWIE
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Muhammad Ali
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GENE WILDER
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phyllis schlafly
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John Glenn
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Charles Weisman
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Carrie Fisher
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Debbie Reynolds
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Roger Moore
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Adam West
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JERRY LEWIS
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HUGH HEFNER
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PROF. STEPHEN HAWKING
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ART BELL
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DWIGHT CLARK
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CARL MILLER
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HARLAN ELLISON
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STAN LEE
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CARL REINER
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SEAN CONNERY
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L. NEIL SMITH
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JOHN STADTMILLER
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