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Author Topic: Bank Repossession of Homes Sets New Record in August  (Read 306 times)

James

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Bank Repossession of Homes Sets New Record in August
« on: September 15, 2010, 01:46:15 PM »
The nation's banks repossessed a record number of homes in August, according to industry sources. RealtyTrac, an online foreclosure sale site, will release its monthly numbers on Thursday, but sources there confirm the number of repossessions will come in just shy of 100,000 for the month.

http://finance.yahoo.com/news/Bank-Repossession-of-Homes-cnbc-1047161091.html;_ylt=AuvLbIwdHCXdiNhx16QXqnq7YWsA;_ylu=X3oDMTE1Nml1dmkyBHBvcwMyBHNlYwN0b3BTdG9yaWVzBHNsawNob21lcmVwb3NzZXQ-?x=0&sec=topStories&pos=main&asset=&
ccode=



Didn't Obama say this was going to be the "recovery summer "?

More like the repossession summer
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Soul Crusher

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Re: Bank Repossession of Homes Sets New Record in August
« Reply #1 on: September 15, 2010, 01:55:46 PM »
 ;D

Summer of Recovery is turning into Obama's Fall of Failure 
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