Wondering what is exactly is a foreclosure? Linda Yates, the Director of Education at Foreclosure.com, explains what a foreclosure is. She explains the definition of a term that has become more and more popular in our economy.
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Dan and his family lost their home due to broker's lies and avarice We must put a personal face on foreclosure, and we must take action if we have any chance of preventing millions of people from losing their homes. Have you been affected by the housing crisis? Do you know anyone who has? We're asking you to record your story, or the story of a friend, family member, or neighbor, and send it to us in a video or through a written submission. We're collecting stories to display on FightingForOurHomes.com.
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Looking to get a handle on the foreclosure crisis, the loan modification fiasco, and the robo-signing scandal? We put it all in a music video.
Brenda Reed, an Oakland homeowner and Vietnam War widow, speaks out about her efforts to save her home from foreclosure by JPMorgan Chase Bank before the California Legislative Conference Committee Hearing,; California State Capital, Sacramento. May 15, 2012, Afternoon session.
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www.cdpe.com We go over the key differences between short sale and foreclosure in today's real estate market.
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More than 2.5 million houses in the United States have been repossessed by banks since the economic crisis struck the country. But the impact isn't only financial. Many forced out of their homes are taking drastic measures - with some even choosing to take their own lives when faced with eviction. RT's Madina Kochenova reports. Subscribe to RT! www.youtube.com Watch RT LIVE on our website rt.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.
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Property Preservation Business Success at www.ForeclosureCash.net Hi President Obama, how are you partner? Nice to see you George. How can I be of assistance to you? Barack, I have some concerns about the state of our economy and I'm worried that we're all going down in the this mess that we've created. Everyone says that opportunity and prosperity are no longer available. Is the American dream dead? Well George, I'm sorry to hear that your feeling down. I do have good news however. Did you know that more millionaires were created during the great depression than any other time in the history of the world? No, I didn't. That's right youngster. With great crisis, also comes great opportunity son. In fact, did you know that one translation of the word crisis is actually opportunity? Wow, I didn't know that. Yes Junior, there are many opportunities available today. In fact one of the biggest is known as the foreclosure cleaning business also known as the property preservation industry. In fact, we've passed some recent laws that require all lending institutions to properly maintain the vacant properties in their possession until they're sold. This has caused this industry to prosper even more. Wow Barack, what else can you tell me? I may want to start a booming property preservation business myself! You see Junior, the secret that most people don't realize is that if you want true financial security and freedom, you have to be in business for yourself. I know we politicians <b>...</b>
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The Bank of America Plaza skyscraper in the state of Georgia, the tallest building in the southern US, is just another lamb to the slaughter after it was auctioned off for about half the amount it was worth five years ago. Once the symbol of the area's booming commercial real-estate market, the tower now represents its widespread failure. After the housing bubble burst, millions of homes have been foreclosed in the country. President Barack Obama's programmes have not helped nearly the number of people he said they would, while Mitt Romney, the Republican front-runner, says the answer is to let the market bottom out. Al Jazeera's Patty Culhane reports from Washington.
Foreclosure cleanup tips at www.ForeclosureCash.net If you consider the number of properties that have completed the foreclosure process since the year 2005, you know this number has reached the multiple millions. Take that number and consider that the banks are currently back-logged with an estimated eleven million additional properties known as the shadow inventory as well as the predicted ten million more properties said to enter the foreclosure process in the future and you can understand why the demand for qualified foreclosure cleanup companies has never been higher. These properties are required to be cleaned and maintained until the sale completes. The good news is that to start a successful business in the foreclosure cleaning industry, one does not have to have any experience. In fact, the list of tips below will help you when getting started. Services performed in this industry are basic and include things like basic lawn and landscaping, cleaning of interior and exterior of the property, simple lock changes, debris removal and multiple other optional services that can be very profitable when approached correctly. First, you'll want to consider what type of legal entity you'll operate under. The four main types include the sole proprietorship, an S or C corporation, general partnership, and the most popular due to protection of assets is the LLC. Second, you'll need to get your customers. This is done by locating the national contracting companies, also called <b>...</b>
Made by Peter Leeman and Kyle Kehrwald Watch on Vimeo: vimeo.com Click "Show More" for details on the occupation of Bobby's home. From Occupy Minneapolis: Occupy Minneapolis will begin another home occupation to defend Vietnam era veteran Bobby Hull from eviction this Tuesday, on the national day of action against foreclosures called by Occupy Wall Street. Bobby has bravely served his country as a US Marine during the Vietnam War era and despite his sacrifice he and his family are facing eviction this winter. Bobby first began living in his South Minneapolis home when his mother bought it in 1968. The title was later transferred to him, and he made timely payments on the house for decades while his nine brothers and sisters and innumerable extended family used the home as a stable transition point as they worked through the economic downturn. Some recent health problems have caused him to fall behind in his payments. Meanwhile, US Bank has refused to negotiate with him to keep him and his family in their home. If we do nothing he and his family are facing a February eviction, in the dead of winter, with nowhere to go. Come hear directly from Bobby on the need for banks to change the way they do business with hard working families. Bobby was surprised to learn that we were organizing to help him and others in his position. "Thank God this is happening. I've read the Constitution and I know that it's supposed to be 'We the people'", Said homeowner Bobby Hull. "If people <b>...</b>
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avoidforeclosure.com We can help you Stop Foreclosure Today! We help folks in situations just like yours to Get the Foreclosure help they need. Contact us today to discuss your options to Avoid Foreclosure! 1-888-632-8832 http
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Foreclosure cleaning business at www.ForeclosureCash.net - Learn how to make money cleaning foreclosed houses and why providing property preservation services on foreclosures will be in high demand in 2012 and for many years to come. If you look at a list of the best small businesses to start in today's market, you'll notice that foreclosure cleaning and maintenance services are at the top. This is no coincidence, and has been this way for the last few years. With the rates foreclosures increasing steadily even into 2012, you can expect foreclosure cleaning businesses to bring in vast amounts of money as a result. There has never been a better time than now to begin researching, and implementing steps to create your own successful business that cleans and maintains foreclosed properties. Real estate is always going to be bought and sold, and because of this fact, cleaning foreclosures and other vacant properties in between will always exist for businesses to take advantage of. It just so happens that the housing crisis is creating a golden opportunity for many out there to seize by providing property preservation services on foreclosures. While the banks take over properties being foreclosed on, they in return need to hire someone who owns a foreclosure cleaning business, like yourself, to clean up and maintain the property so that it can be placed back on the market. A market that will always be around no matter what happens in the future. Shadow inventory is a term that <b>...</b>
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Despite what mainstream media calls a recovering economy, the reality is Americans are still losing their house to foreclosure. The foreclosure crisis is far from over and it is apparent as Main St. continues to struggle. Author Nomi Prins believes there is clearly a lack of connection between Washington and the reality everyday Americans.
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wearechange.org Please consider donating to help us continue to make videos like this. We Are Change would not exist without YOU! wearechange.org Also support We Are Change by purchasing an item at our store! wearechange.org http facebook.com ustream.tv Luke Rudkowski (@LukeWeAreChange) & Justin Wedes (@JustinWedes) talk to Brian O'Neal, Founder & Chairman of the Do Foundation (dofoundation.net) about their work in Detroit, Michigan. Luke also gets a first hand look at foreclosed & abandoned homes being occupied by Occupy Detroit (http
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Millions of Americans have lost or are on the verge of losing their homes in the United States. As of March 2008, an estimated 8.8 million borrowers, 10.8 percent of all homeowners, had negative equity in their homes, a number that is believed to have risen to 12 million by November of the same year. In September 2010, 23 percent of all US homes were worth less than the mortgage loan. Barack Obama's administration has fallen short of expectations to ameliorate the travesty. The latest deal gives homeowners in crisis only about USD 2000 as a consequence of their life being turned upside down. In this week's INFocus we speak to troubled home owners and experts to discover why the US mortgage crisis is a major contributor to minorities and under privileged Americans being trapped in a system that will not afford them socioeconomic mobility. Watch this video on our Website: www.presstv.com Follow our Facebook on: www.facebook.com Follow our Twitter on: twitter.com
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2012 Republican presidential candidate Mitt Romney is in favor of more people losing their homes because he believes it will help the economy and housing market. The Young Turks host Cenk Uygur explains. Watch more Occupy coverage here: current.com www.theyoungturks.com www.youtube.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com Support TYT for FREE: bit.ly
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AP Correspondent Haven Daley rode along with sheriff's deputies responsible for evicting foreclosed homeowners. Last year they'd get a few foreclosure-related calls every week. Now they're evicting dozens of homeowners weekly. (Oct. 29)
More people avoided foreclosure last year as filings and repossessions dropped off significantly to the lowest point in four years. (Jan. 11)
An updated version of this video is available at: youtu.be There were four properties scheduled to be auctioned in Brooklyn last Thursday. Only one sale took place. Here's why. According to Rob Robinson of Take Back the Land.org, the disruption caused total chaos. "The court officers don't know what to do when the singing starts." The members of Organizing for Occupation, Housing is a Human Right and Occupy Wall Street who took part in the Brooklyn action included many of those who executed and planned December 6's Day of Actions. There's more coming up, in what they're calling a "Spring Offensive." Let's just say, dormant they're not! -Laura Flanders Published on Tuesday, January 31, 2012 by The Nation www.thenation.com
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Visit: foreclosurefraudexposed.com for more info to learn the secrets to stop foreclosure without an Attorney from our extensive video library. Get the facts on foreclosure, loan mod scams, and forensic audits without paying thousands of dollars.
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The proposed Obama Administration settlement for mortgage lenders that engaged in widespread foreclosure abuses is a weak slap on the wrist for banks according to consumer advocates and liberal activists. The Young Turks host Cenk Uygur explains. www.washingtonpost.com Feds Won't Prosecute Banks Despite Evidence Of Crimes: www.youtube.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com
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Across America, recession-fueled foreclosures and plummeting home values have left countless properties abandoned and vulnerable to looting. As Scott Pelley reports in the above video, the problem has gotten so bad in Cleveland, Ohio, that county officials have demolished more than 1000 homes this year - and plan to demolish 20000 more - rather than let the blight spread and render nearby homes worthless.
There's frightening news that home foreclosure rates across the nation are spiking again. It's caused Moodys to predict 2012 will set a new record for foreclosures. The White House understands that the ongoing foreclosure nightmare is choking economic recovery and hopes to be able to announce changes to its main refinancing program within weeks to allow more homeowners — perhaps millions more — to participate. While this is a step in the right direction and a clear signal President Obama is doing everything in his power to ease the strain on American homeowners, its not likely to have a transformative effect on the larger economy. What's really needed is a far more ambitious proposal like the one offered by Martin Feldstein, a Harvard professor and top economic advisor to President Reagan of all people. His idea? Reduce the principal on the mortgages so that the loans are no more than 110% of the value of the properties. Banks would absorb half the cost of the principal reduction, and the government the rest. He figures the losses could amount to $350 billion. The reality is that a bold plan like this one has absolutely no chance of passing for at least another year because the Republican controlled House of Representatives refuses to even consider a plan to address the housing crisis. The GOP has instead chosen - from the day Obama was inaugurated - to create the worst possible economic conditions in the hope that voters will hold the President responsible for their <b>...</b>
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www.cdpe.com This video describes what happens when a lender takes possession of a property it has mortgaged due to non-payment. Agents who hold the Certified Distressed Property Expert (CDPE) designation are trained to help homeowners navigate alternatives to foreclosure, and can provide answers to the many questions surrounding America's foreclosure crisis.
Federal officials say the five largest mortgage lenders have reached a $25 billion settlement with 49 states over foreclosure abuses that took place after the housing bubble burst. (Feb. 9)
A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit. (Feb. 9)
There are hundreds of rundown, abandoned, and foreclosed homes in New Port Richey, and Liz Nicholas spends every day trying to find them and clean them up.
A family trying to recover from foreclosure loses their only car after a tree falls on it.
democracynow.org - As Freddie Mac comes under scrutiny for betting billions on investments that profit if homeowners they issued loans to are locked into high interest mortgages, we speak with Arturo de los Santos, a US Marine veteran who was evicted last year in Riverside, California, after Freddie Mac and JP Morgan Chase foreclosed on his house last June. "We were trying to get the bank's attention to review our case again. We could not believe that after they had evicted us, they modified our loan," de los Santos says. "I called them and I told them, 'I thought we were doing the loan modification.' And they go, 'Well, we have a loan modification department and a foreclosure department, and the foreclosure department decided to sell the house.' So they sold the house." De los Santos and his family re-occupied their home in December with help from the Occupy movement, but face eviction again this week. Towatch the complete daily, independent news hour, read the transcript, download the podcast, and for the additional Democracy Now! reports on the Occupy Wall Street movement, visit www.democracynow.org FOLLOW DEMOCRACY NOW! ONLINE: Facebook: www.facebook.com Twitter: @democracynow Subscribe on YouTube: www.youtube.com Listen on SoundCloud: www.soundcloud.com Daily Email News Digest: www.democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today, visit www.democracynow.org
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Just before 11 am today- November 8, 2011, members of the Worcester Anti-Foreclosure Team (WAFT), homeowners Pablo and Shirley Travieso and family, and members of Occupy Worcester lined up in front of the Traviesos' two-story house at 24 Illinois St., drowned out the voice of auctioneer John Baker by chanting loudly, and blocked his entry to the property. The 44 protesters held signs and their chants included "Bank of America/Bad for America", "Banks got Bailed Out/We got Sold Out", and "What does democracy look like?/This is what democracy looks like!" The auctioneer, John Baker, acting for Bank of New York Trust, trustee for a bundle of mortgages in which this one was included, gamely proceeded with the auction at 11am despite the noise, and as there were no other bidders, the bank took back the house for $79900. (read more: occupyworcester.com ) Foreclosure auction, underwater mortgage, bank of America, anti-foreclosure team, Worcester, occupy Worcester, occupy wall street, ows, dennis trainor jr, acronym, occupy foreclosure, banks got bailed out, we got sold out,
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A Video about the GROWING Ghost home Foreclosure problem in Southern California.
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November 19th, 2011: Occupy Minneapolis encountered a bit more resistance from the authorities on day one of #Operation Occupy Southside than expected. Following two arrests and an incident in which a police officer tried to run down an occupier with a squad car, Occupy Minneapolis formed a human chain around Sa'ra Kaiser's foreclosed home, preventing the officers from boarding it up, and ultimately forcing the police - who had no legitimate legal pretense for preventing occupiers from being their in the first place - to give up and leave.
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www.WeBuyShacks.com Avoid foreclosure in Atlanta! We can help stop foreclosure. We buy houses throughout Metro Atlanta to avoid foreclosure. Even if you are underwater with your mortgage, we can help and we would like to speak with you. You have even more options that we can discuss and see what fits best for you and your situation. DON'T LET THE BANKS WIN!!!! Don't let them foreclose and let the banks possibly make even more money from your bad situation. We help avoid foreclosure in Atlanta, Kennesaw, Marietta, Smyrna, Vinings, Acworth, Roswell, Alpharetta, Woodstock, Canton, Dunwoody and all surrounding cities of Atlanta. http
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mortgagemovies.blogspot.com mortgagemovies.blogspot.com They told a Congresswoman that they had not sold off the note. Sooooo.... if you haven't sold off the note can I see it? I'll come back to your office tomorrow, okay? Query, what if someone starts putting up certified checks and demanding that banks like Anchor Bank produce the original Note and Mortgage or start paying liquidated damages for the lost profits owed to the unwitting mortgagor, who basically signed what is best recognized as an adhesion contract? *************** There was a complete no-show on the hearing scheduled today but no one told the Counter-Plaintiff. The Bailiff/Clerk or Session 8 told us on video that they tried to reach him but that's completely unbelievable because his name and full contact information is of course on file with the Court. He alleges that the same thing happened when Anchor Bank was granted receivership, now I believe him given what I witnessed today. Frankly the US Justice Department should step in because this is ridiculous. I had a brief chat with Judge Colas and another chat Anchor Bank President and COO Mark Timmerman pictured, above (not certain if he still holds that position, see the graph at bottom) at the Executive Office of Anchor Bank. As I walked in with the mighty Canon 60D cranking I saw that my Notice of Media Coverage was the top document on their counter. Watch the video......[snip]
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OCCUPY Foreclosed Homes in Detroit - Taking back from the Bankers Luke Rudkowski (@LukeWeAreChange) & Justin Wedes (@JustinWedes) talk to Brian O'Neal, Founder & Chairman of the Do Foundation (dofoundation.net) about their work in Detroit, Michigan. Luke also gets a first hand look at foreclosed & abandoned homes being occupied by Occupy Detroit (http tags: occupy, nsl, salvation army, no government funding, works, political, no red tape, homeless, help, do foundation, occupy detroit, occupy foreclosed homes, property, bankers, banks, money, vacant houses, people, o for o, foreclosure, family, families, occupy home, house, crime, block, fiat currency, mortgage, house for sale, super cheap, movement, ows, occupy wall st, community, detroit, people, clothes, empty, poverty, 2012, ron paul, vote ron paul, scrappers, electrics, copper, pipe, scrap, for sale, we are change, poor, usa, us, nwo, new world order, illuminati,
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Fannie Mae is the nation's largest owner of foreclosed homes and is selling the repossessed homes at 60 percent below their market value. As Elaine Quijano reports from Cleveland, these rock bottom re-sale prices are destroying the neighborhoods.
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Bill Black: Here are three things the "Occupy Movement" could focus on
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