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March 21, 2011

25% OF U.S. CHILDREN UNDER POVERTY LEVEL — HIGHEST SINCE GREAT DEPRESSION

13 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM HOMELESS CHILDREN OF THE ECONOMIC HOLOCAUST EDITORIAL COMMENT: Like I said, we better be damned sure this is unavoidable. From my perspective and the perspective of economists with far greater credentials than my own, it is not only avoidable, it is both immoral and impractical with long-lasting effects on …

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WHY ELIZABETH WARREN SCARES THE CRAP OUT OF BANKS

18 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “If there had been a cop on the beat to hold mortgage servicers accountable a half dozen years ago,” she said at one point, “the problems in mortgage servicing would have been found early and fixed while they were still small, long before they became a national scandal.” EDITORIAL …

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20% of Florida Homes Vacant, No Recovery Projected until 2030's

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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: This is a career — a generational event extinguishing the expectations and hopes of millions of people. And still there are millions of Americans who actually believe that this is the result of greedy homeowners — totally discounting the birthplace and current residence of greed (WALL STREET). …

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THE COST OF SECURITIZATION FRAUDS: SUICIDES INCREASING

20 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Statistics are not published as to the number suicides related to financial difficulty, but financial pressure is often cited in studies as a triggering event for death from “natural” causes, suicide, disease and divorce. When the pressure is not just financial but a perception of total failure through loss …

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Rasmussen: Pessimism About Housing Prices and Earnings

3 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Only 44% Expect Homes to be worth more in FIVE YEARS. 30% Expect Homes to be worth less in FIVE YEARS   Homeowners are more pessimistic about the short-term housing market, but now fewer than half the nation’s homeowners expect the value of their homes to go up in the next five years.   The …

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