Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.— Brian Sandoval
Most Powerful Foreclosures quotations
We want the accursed foreclosure system wiped out.
... We will stand by our homes and stay by our firesides by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.
Your heavenly home was bought for a price, and that payment results in a title deed that can never be lost through foreclosure.
Don't try to stop the foreclosure process. Let it run its course and hit the bottom.
Trapped in the bureaucracy nightmare, real families suffer when the big banks and their servicers force foreclosures. The emotional toll on children packing up their rooms and on parents struggling to find a temporary roof is a deep one.
A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.
The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses.
Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.
The moral angle to the foreclosure crisis - and, of course, in capitalism we're not supposed to be concerned with the moral stuff, but let's mention it anyway - shows a culture that is slowly giving in to a futuristic nightmare ideology of computerized greed and unchecked financial violence.
A foreclosure does not define you financially.
Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity.
While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
I didn't know anything until December 2004 when I went to purchase a vehicle and was told there was a foreclosure on my credit and I wouldn't be able to get the car. I've still got a red flag on my credit.
Today's misery is real unemployment, home foreclosures and bankruptcies.
This is the Obama Misery Index and its at a record high. Its going to take more than new rhetoric to put Americans back to work - its going to take a new president.
Because when we think about the real facts: 44 million Americans without health insurance, millions without jobs, a 50-year high on mortgage foreclosures, an historic high the third year in a row on personal bankruptcies.
It's time we acknowledge that not all Democrats are the same.
That a Democrat who takes corporate money, profits off foreclosure, doesn't live here, doesn't send his kids to our schools, doesn't drink our water or breathe our air cannot possibly represent us.
My mother cleaned homes and drove school buses, and when my family was on the brink of foreclosure... I started bartending and waitressing.
Whether low-income people are dealing with access to veteran's benefits, or a protective order to guard against domestic violence, or a way to guard against the loss of their home due to foreclosure and unscrupulous behavior by mortgage providers, there's no way they can afford a lawyer. And that's a serious problem. Because that erodes respect for law, it erodes the prospects for justice.
After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.
People want what they want. And I guess that is a reason we have this big credit card problem and a lot of these foreclosures.
I want to talk about jobs, the economy, foreclosures. I want to talk about energy prices.
Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.
Well, actually, if you can stay in your home that is a better deal for the neighborhood. It's certainly a better deal for the person that is in their home, rather than to be on the street and for that house to go into foreclosure and become a problem for the whole community.
President Obama's re-election campaign said that this year they'll knock on 150 percent more doors than they did in 2008. Well, of course they will. They have to. There's so many foreclosures it's tough to tell where people live.
Giving debt relief to people that really need it, that's what foreclosure is.
The Great Depression was going on, so that the station and the streets teemed with homeless people, just as they do today. The newspapers were full of stories of worker layoffs and farm foreclosures and bank failures, just as they are today. All that has changed, in my opinion, is that, thanks to television, we can hide a Great Depression. We may even be hiding a Third World War.