Comments on: Government Measures No Match for Second Wave of Foreclosures http://moneymorning.com/2009/10/16/foreclosures/ Global Investment News Fri, 19 Mar 2010 14:34:57 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: Removal of Stimulus Packages Next Year Poses Bubble, Credit Risks Says World Bank’s Zoellick http://moneymorning.com/2009/10/16/foreclosures/comment-page-1/#comment-9360 Removal of Stimulus Packages Next Year Poses Bubble, Credit Risks Says World Bank’s Zoellick Thu, 17 Dec 2009 15:48:37 +0000 http://www.moneymorning.com/?p=9461#comment-9360 [...] Indeed, even with numerous government programs in place to help consumers keep their homes in the United States, and the nation could be at the dawn of a second wave of foreclosures. [...] [...] Indeed, even with numerous government programs in place to help consumers keep their homes in the United States, and the nation could be at the dawn of a second wave of foreclosures. [...]

]]> By: Kevin Simpson http://moneymorning.com/2009/10/16/foreclosures/comment-page-1/#comment-7877 Kevin Simpson Mon, 19 Oct 2009 13:33:41 +0000 http://www.moneymorning.com/?p=9461#comment-7877 Unfortunately, Obama failed in the programs that was made to help the financial situation. But still I believe that something will come for good Unfortunately, Obama failed in the programs that was made to help the financial situation. But still I believe that something will come for good

]]> By: Dennis Norman http://moneymorning.com/2009/10/16/foreclosures/comment-page-1/#comment-7878 Dennis Norman Mon, 19 Oct 2009 10:53:02 +0000 http://www.moneymorning.com/?p=9461#comment-7878 The other shoe is definitely going to drop on the housing market once we see the staggering number of foreclousres that are coming soon that have been held back for reasons addressed in this article...Unfortunately even with the efforts being made not to foreclosue we are still seeing record numbers of foreclosures...Additionally, mortgage delinquencies and seriious mortgage deliquencies are at record levels as well meaning there is going to be a steady supply of foreclosures for some time to come...the MBA issued a report for 2nd quarter of this year shoing 1 in 12 borrowers are 90 days or more delinquent on their mortgages...a year ago it was 1 in 22...I have the results of the report and more info in a post I did at: http://realestateconsumernews.com/financing/mortgage-delinquencies-reach-record-levels-is-this-the-next-bubble-to-burst/ The other shoe is definitely going to drop on the housing market once we see the staggering number of foreclousres that are coming soon that have been held back for reasons addressed in this article…Unfortunately even with the efforts being made not to foreclosue we are still seeing record numbers of foreclosures…Additionally, mortgage delinquencies and seriious mortgage deliquencies are at record levels as well meaning there is going to be a steady supply of foreclosures for some time to come…the MBA issued a report for 2nd quarter of this year shoing 1 in 12 borrowers are 90 days or more delinquent on their mortgages…a year ago it was 1 in 22…I have the results of the report and more info in a post I did at:

http://realestateconsumernews.com/financing/mortgage-delinquencies-reach-record-levels-is-this-the-next-bubble-to-burst/

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