by Moe Bedard
Foreclosure repossessions in California increased 22.24% from September to October, according to data released by ForeclosureRadar.com.
Last month’s foreclosures increased 20.95% from October 2008. October’s foreclosures were 42.56% below California’s peak month of July 2008, but since then, the inventory of real estate owned (REO) properties has grown 131.36% in California.
“While we continue to see a [...]
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by Moe Bedard
The facts are that with unemployment rising, this foreclosure crisis will continue to spiral out of control. They go hand and hand. This is not rocket science. This is Junior High School economics 101.
Obama has not provided the relief he promised to Main Street during his campaign. From foreclosures to jobs, he has not kept [...]
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