Quotes About Foreclosure

own trouble he was paying for. I handled his mother's foreclosure defense and got her

By 1932 his debt had grown to more than four million dollars, far more than his net worth. "Aren't you concerned about owing all this money you can't pay?" Ernest Closuit asked him. "No," Murchison said with a smile. "If you're gonna owe money, owe more than you can pay, then the people can't afford to foreclose.

The foreclosure of a 320-acre wheat farm in Springfield, Colorado, was interrupted by 200 angry farmers, who had to be dispersed by tear gas and Mace.

It's time to pull the bandage off America's foreclosure problem. The economy is ready to emerge from its recent dark period, but to make it happen soon we need to speed the resolution of millions of troubled home loans. Six years have passed since the crisis began, yet instead of accelerating, foreclosures have slowed.

Even among Goldman alumni, Steven Mnuchin has distinguished himself by his willingness to profit off misery. After the 2008 Wall Street collapse, and in the midst of the foreclosure crisis, Mnuchin purchased a California bank. The renamed company, OneWest, earned Mnuchin the nickname "Foreclosure King," reportedly collecting $1.2 billion from the government to help cover the losses for foreclosed homes and evicting tens of thousands of people between 2009 and 2014.

Between 2009 and 2011, more than one in eight Milwaukee renters were displaced involuntarily, whether by formal or informal eviction, landlord foreclosure, or building condemnation.

This is going to be a new territory, a new set of fascinating questions, and it will not be an easy thing for the Obama administration to give bankruptcy judges the power." Kendall Coffey on new foreclosure proposals.

Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

From the Bronx to Buffalo, cities and towns in New York have been plagued by what are commonly called zombie properties. These are homes that residents abandon - often after they have received a foreclosure notice - which then languish, uncared-for, until the foreclosure process is complete.

When I saw houses in Palmdale going for $500K, I knew something was wrong. If you got foreclosed, I don't feel sorry for you!

Foreclosure is to no one's benefit. I've heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure.

Man proposes, woman forecloses.

The main thing history can teach us is that human actions have consequences, and that certain choices, once made, cannot be undone. They foreclose the possibility of making other choices and thus they determine future events.

Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership of the underlying property until it is resold to new investors.

Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.

Well, actually, if you can stay in your home that is a better deal for the neighborhood. It's certainly a better deal for the person that is in their home, rather than to be on the street and for that house to go into foreclosure and become a problem for the whole community.

We unfortunately did foreclose on certain people in the military.

You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy.

We pursued many actions against foreclosure rescue scammers who were reaching into the pockets of desperate people in an effort to steal what little remained as they sought to keep their homes.

Daniel Shays, a farmer struggling to keep his property, convinced neighbors that Boston legislators were colluding with judges and lawyers to raise property taxes and foreclose when farmers found it impossible to pay.

UC Merced is the University of California's newest campus and lies among farm fields in the San Joaquin Valley, 2 1/2 hours east of San Francisco and not far from where I spent most of my childhood. It's a part of California that has suffered deeply from the recession with high unemployment and a skyrocketing home foreclosure rate.

In the past, if a homeowner with a mortgage had a problem making the payment, often he'd get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community.

Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime.

it is necessary to act within but to think beyond our received humanist tradition and, all the while, to imagine a much more complicated set of stories about the emergence of the now, in which what is foreclosed as unknowable is forever saturating the "what-can-be-known." We are left with the project of visualizing, mourning, and thinking "other humanities" within this received genealogy of "the human.