Eviction Day: Foreclosure Crisis Forces Man From Home
Posted on February 5, 2009
Filed Under Home Foreclosures |
In the third quarter of 2008, more than 700,000 Americans faced foreclosure — a new and troubling record. While mortgage giants Fannie Mae and Freddie Mac announced last month they would temporarily halt foreclosures and evictions from Thanksgiving to Jan. 9, the moratorium is likely to affect only a small percentage of homeowners. On a cold December morning, ANP witnessed an increasingly common, but rarely documented, tragedy: someone being evicted from his home.
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5 Responses to “Eviction Day: Foreclosure Crisis Forces Man From Home”
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So much for the …
So much for the american dreams. My feelings are hurt that people have to suffer but I still can’t understand why people get these ARM loans.
If a person can’t afford their monthly payments then they should wait until they can afford and rent in the meantime.
It was alway 30 yr fixed for me.
your screwed, but …
your screwed, but hey best of luck to you sir, what a crock!!!!
The poor little …
The poor little guys suffer, while the fat wankers who created the problem get goverment bailouts.
How corrupt is that?
I feel for the …
I feel for the families and all home owners who are going through a tough time. My prayers are with you.
I would have not stayed for them to see my pain because Realtor, the locksmith, and the office doesn’t really care.
I would have left a long time ago because I would have read the first notice.
Second, I understand why people destroy their homes once they know its going into forclosure.
F the mortgage …
F the mortgage bankers, f the lenders, pity the poor people, 14 hundred to 26 hundred, most peole don’t make that a month, whoever start adjustable rate mortgages should be tarred and feathered.