Saturday, October 30, 2010

Where is OBAMA on Foreclosure issues.

NOTE: I have been irate that Pres. Obama is so callous on this issues.. .look into it? MILLIONS of people being evicted? Hillary Clinton is one that got it right. And a couple of Republicans A lot of people can TALK it right but what are they DOING???????

Right now you'd better read up on your local JUDGES that ARE elected and on anyone that appoints federal judges. CAUSE if your parents, friends, neighbors, kids, or co worker's house or business are foreclosed on - well they maybe SOL without FAIR JUDGES .

Banks didn’t pay it forward - - Oct. 22, 2010: "Bruce Marks runs NACA, a national nonprofit that helps people avoid foreclosure. He told me: “When President Obama was running for president, he said one of the first things he’ll do is put a moratorium on foreclosures. He never did. He never backed bankruptcy reform so people could have the right to go in front of a bankruptcy�judge.”

He went on: “And where is President Obama? When he says, ‘Well, you know, we don’t want to upset the market,’ what is good about a market when someone is foreclosed on and … you’ve got a vacant building? We have to have a national moratorium to give ourselves a window of opportunity to restructure mortgages … to look at homeowners as people, not as a commodity to make�money.”

According to RealtyTrac, banks repossessed 102,134 properties in September, a home roughly every 30 seconds. Every 30 seconds, banks – many that received funds from the Bush administration’s TARP, and that may be using fraudulent practices – foreclose on an American family’s dream of homeownership. Meanwhile, GMAC Mortgage has reported increased profits for the first half of�2010."

No comments: