The Stimulus Plan Sets A New Record
…for foreclosures
NEW YORK (Reuters) – U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.
Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier as one in every 355 households with a loan got a foreclosure filing, RealtyTrac said on Thursday.
Has there been a single thing, just one, that The One and his Smartest Team Evuh have gotten right?
“Has there been a single thing, just one, that The One and his Smartest Team Evuh have gotten right?”
Not until they all resign.