Posts Tagged ‘economy’
FORECLOSURES & THE ECONOMY: Rep. Ron Paul
Video from:
House Financial Services Committee – September 20, 2007
Full committee hearing on “legislative and regulatory options for minimizing
and mitigating mortgage foreclosures.” Witnesses included Henry Paulson, Secretary of the Treasury; Alphonso Jackson, Secretary of Housing and Urban
Development; and Ben Bernanke, Chairman, Board of Governors of the Federal Reserve System.
Duration : 0:2:13
Rep: Foreclosed owners should squat in their own homes
If you’re poor and the bank is coming for your home, Congresswoman Marcy Kaptur has a plan for you.
http://rawstory.com/news/2008/Rep_Foreclosed_owners_should_squat_in_0130.html
Duration : 0:3:56
MegaChurch Foreclosures: Are They The Devil’s Fault? [ Earl Paulk/Thomas Weeks/Paula White]
MegaChurch Foreclosures: Are They The Devil’s Fault?
Additional tags include: bishop, pastor, prophet, prophetess, apostle, evangelist, tbn, Ed Young, Juanita Bynum, Thomas Weeks, Eddie Long, Creflo Dollar, Thomas Alvin TA Body, Medina Pullings, Terry Hornbuckle, Renee Hornbuckle, Benny Hinn, T.D. Jakes, Robert Schuller, Marilyn Hickey, Paul & Jan Crouch, Rod Parsley, R.W. Shambach, Carlton Pearson, John Avanzini, Kenneth Copeland, Gloria Copeland, John Hagee, Jessie Duplantis, Oral Roberts, Richard Roberts, Kenneth Hagin Sr., Kenneth Hagin Jr., Frederick Price, Rodney Howard Browne, Jack Van Impe, Rinehard Bonnke, Texx Marrs, Joyce Meyer, Morris Cerullo, John Kilpatrick, Clarence McClendon, Kent Hovind, Rick Joyner, Paula White, Darlene Bishop, Hal Lindsey, Charles Capps, Robert Tilton, Ellen G. White, Joseph Smith, Kim Clement, Mark Chironna, Brigham Young, Jack Van Impe, John Kilpatrick, Reinhard Bonnke, William Branham, Paul Cain, Tony Campolo, Paul David Yonggi Cho, Gerald Coates, Paul Cunningham, Gene Edwards, Christian Harfouche, Jack Hayford, Ruth Helflin, John Hinkle, David Hogan, T.B. Joshua, Bob Larson, Roberts Liardon, Lord Maitreya, Arnold Murray, Gwen Shaw, Don Stewart, Tommy Tenney, Bruce Wilkinson, Al Sharpton, Sherman Allen, E. Bernard Jordan, Dorinda Clark Cole, Clark Sisters, gospel music, nytn, notyourtypicalnegro, atlanta, georgia, Earl Hall, earlhall.net, ustalknetwork
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REFERENCE
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Bishop Paulk’s megachurch for sale – http://www.ajc.com/metro/content/metro/dekalb/stories/2008/11/06/bishop_paulk_megachurch.html
Tampa’s Without Walls Church Faces Foreclosure – http://www.tampabay.com/news/religion/article897217.ece
Bishop Weeks Evicted From Gwinnett County Church – http://www.wsbtv.com/news/17982610/detail.html
Crystal Cathedral Lays Off Staff, Sells Land – http://christianpost.com/church/Megachurches/2009/01/crystal-cathedral-lays-off-staff-sells-land-27/
Duration : 0:6:46
Report: Foreclosures Lessen; Obama Ups Support
The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb. (Feb. 19)
Duration : 0:1:14
THUGS ARSON FORECLOSED HOMES
Foreclosure Hits Unexpected
A new wave of homeowners who pay their mortgages on time are now facing foreclosure after losing their jobs in the slumping economy. Ben Tracy has more.
Duration : 0:1:56
Job Losses Lessen, but Foreclosures on the Rise
New reports show that while the job market may be improving, the number of homeowners facing foreclosure could soon spike.(Feb. 11)
Duration : 0:0:59
Dan’s Foreclosure Story
Dan and his family lost their home due to broker’s lies and avarice
We must put a personal face on foreclosure, and we must take action if we have any chance of preventing millions of people from losing their homes. Have you been affected by the housing crisis? Do you know anyone who has? We’re asking you to record your story, or the story of a friend, family member, or neighbor, and send it to us in a video or through a written submission. We’re collecting stories to display on http://FightingForOurHomes.com.
Duration : 0:3:26
Money Talks America – Foreclosures
Sean Snaith goes in-depth on the subject of foreclosures PLUS concerns about deflation. (2009)
Duration : 0:28:21
Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate Market
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What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.
If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.
Prepare yourself and protect your family from this coming economic catastrophe.
PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
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From L.A Times:
Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:
Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….
Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.
But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.
“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.
So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.
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Tags: “The dollar collapse” “housing crisis” “financial crisis” subprime hyperinflation inflation economy “economic collapse” “stock market” “stock market collapse” “real estate” fed “federal reserve” money “fiat money” gold silver commodities housing bubble 2009 2008 downfall investing for sale training agent agency selling subprime Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke
Duration : 0:7:54