Millions of Americans Lost their Homes and Businesses (and their retirements and financial security) to Foreclosure in the Last 10 Years.
Was this a Housing 'Bubble', a Family Income Collapse or a Preference by Incumbents in Congress and our White House?
(Note: this all happened as American taxpayers were told they HAD TO BAIL OUT WALL Street and Big American Corporations...or else!)
So the latest news (see links* listed below) in January 2017 and prior to is that more people lost their homes in the most recent Depression in American than in "The Great Depression."
This is no news to most Americans and helps explain why we threw people we did not like out of office last November - career politicians whose loyalties are and were with Wall Street gamblers, big banks and CEOs making millions even as taxpayers were told they - not US - HAD to be bailed out by all of us.
Question you should ask and demand answers to are:
-So what will our new President and new Congress DO about this still lingering financial disaster for millions of American homeowners and small businesses?
-Write and call your Congressman, President Trump and demand answers. Where was OUR bail out?
-Where was help for 'the little guy'?
-And why do we allow and pay for members of Congress to continue to have higher incomes and better health and retirement plans than most Americans?
www.wsj.com/.../many-who-lost-homes-to-foreclosure-in-last-decade-wont-return-nar...Apr 20, 2015 - Less than one-third of families who lost their homes to foreclosure or other distress events in the past decade are likely to become homeowners ...
https://bobsullivan.net › The Restless ProjectApr 24, 2015 - There's disagreement about how many of this group will — or already ... buyers with foreclosures on their records used FHA loans last year.
www.globalresearch.ca/how-many...lost-their-homes-us...foreclosures.../5335430May 17, 2013 - Given that there are currently around 316 million Americans– more than twice the ... Already some 5 million homes have been lost toforeclosure; estimates of ... Have the Last 5 Years Been Worse than the Great Depression?
www.cbsnews.com › MoneyWatch › MarketsJan 26, 2016 - Yet nearly seven years since the Great Recession ended, the ... to assist families facing foreclosure by modifying their mortgage terms so they can remain in their homes. ... The number of homeowners who are "underwater," with a house ... All told, more than 10 million Americans live in one of 395 so-called ...
https://newrepublic.com/.../mortgage-foreclosures-2015-why-crisis-will-flare-againAug 24, 2014 - Sales of foreclosed properties are at their lowest ... ... from the beginnings of the foreclosure crisis, with over five million homes lost. ... At the peak, 2.9 million homes suffered foreclosure filings in 2010; last year, the number was 1.4 million. ... So many of these borrowers will be unable to afford increased ...
www.ncpa.org/sub/dpd/index.php?Article_ID=25643Last Name: Email Address: View all subscription options. The 2008 Housing Crisis Displaced More Americans than the 1930s Dust Bowl. May 11, 2015. As many as 10 million families lost their homes to foreclosure during the housing crisis.
www.nbcnews.com/id/36231884/ns/.../study-million-households-lost-recession/Apr 8, 2010 - More than 1.2 million households have been lost to the recession, ... Since Richard Brown lost his job to the recession and his Boston home to foreclosure a year ago, he's ... taken an even bigger toll on the number of American households. ... That doubling-up is happening as families who lose their homes ...
www.marketwatch.com › Personal Finance › Real EstateMay 31, 2016 - During the Great Recession, many Americans lost their homes due to foreclosure
---Copyright, January 12th, 2017, by Alan DiCara, Editor---