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April 3, 2011 As more and more Americans face mortgage foreclosure, banks’ crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that’s causing lawsuits and hampering an already weak housing market. Scott Pelley reports.

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Former Federal Reserve Economist David Jones on why mortgage rates may go since the current rates have not stimulated demand in the market.

These meetings were intended to assist homeowners who are concerned about foreclosure. It was an opportunity to talk with experts about the foreclosure timeline and process, and find out resources available to help prevent foreclosure. Find more info at facingthemortgagecrisis.org and http

Facing the Mortgage Crisis: A Florida Matters Special Edition The mortgage crisis is affecting the entire nation, and the Tampa Bay area is among the hardest hit regions. WUSF Public Broadcasting is connecting residents of the Tampa Bay region with trusted information and free services you need during this crisis, through Facing the Mortgage Crisis: [...]

Visit my new blog… mrmortgage.ml-implode.com Lehman ALT-A Update. A closer look at the nasty, low quality, low fico, high LTV ALT-A loans that Lehman pushed for years. This is an eye opener.

39430724 people on Food stamps www.fns.usda.gov Income falls 3.2% during Obama’s term www.washingtontimes.com Jobs Begin to Sprout online.wsj.com Mo. Gains 7, 200 Jobs but Jobless Rate Inches Up www.nytimes.com NJ gov wants teachers union leader fired for memo news.yahoo.com Baltimore Mayor’s new budget cuts 250 employees articles.baltimoresun.com Oklahoma City’s Mayor Reacts To Budget Cuts Plan [...]

More than 11 million homeowners are at risk of foreclosure. President Obama rolled out a new plan that he hopes will help 4 million homeowners in the next 3 years. Chip Reid reports.

the true experts know that all the government figures are false and they are lying to us. This is just one of the many reasons there is almost no chance of a real recovery without some major breakthrough in energy or similar. Lets look for the next shoe to fall being the Alta A’s and [...]

Part 2