Articles about Foreclosure Crisis

Legal Firms Join Hands in Firm Handshakes to Hackle the Foreclosure Crisis

Monday, October 12th, 2009

Legal firms under the lead of United Law Group joined hands in firm handshakes with 30 other prominent legal companies to from Crisis Commission on Homeowner Representation.

United Law Group is one of the leading law firms with branches across the country – Arizona, California, Florida, Nevada, New York and Ohio. It has licensed [...]

The Foreclosure Crisis Calls for a Revolutionary Change in Measuring Prosperity

Thursday, October 8th, 2009

The strong message that the foreclosure crisis has called for a revolutionary change in prosperity has been highlighted in a report released by two Nobel Prize winning economists Joseph E. Stiglitz and Amartya Sen. By using the GDP as an yardstick the policies undertaken by governments have been erroneous causing the worst crisis since the [...]

10 Bank Closures that Changed US Economy

Thursday, September 24th, 2009

The calendar year 2009 was a record one in many ways. Not the least of these is the fact that 89 banks actually closed, were forced to close or merged and were absorbed by another entity. These banks used poor judgement and the money that they wasted caused a huge dent in the economy [...]

Foreclosure Crisis is Causing a Change of Attitude Towards Dreams and Interpretations of the Same

Tuesday, September 22nd, 2009

The foreclosure crisis is causing a change of attitude towards dreams and its interpretations. Decades old indifference to dreams, that has always been given great importance in all ancient cultures, is being discarded. Serious attempts are being made to rent the veil of ignorance behind dreams. There are more cases of people suffering from nightmares [...]

The Foreclosure Related Crisis has Made More Elderly Americans Enter the Poverty Zone

Thursday, September 17th, 2009

The usual level of poverty among the elderly has been 10%. But currently the foreclosure related crisis has led to the numbers being doubled. More elderly Americans are entering the poverty zone. This is as per revision of a 50 year old yardstick for measuring medical expenses and area variations regarding the cost of living.
More [...]

The Foreclosure Related Crisis is Having an Effect on Prayer Outsourcing

Friday, August 21st, 2009

The foreclosure related crisis is having an effect on prayer outsourcing to Indian churches. Only about one year ago Europeans, Canadians and Americans used to flood Indian churches.
Today the Indian church authorities are noting a sharp drop in these requests for “Mass intentions” coming from outside. This drop is timed with the economic downturn.
[...]

Forestry in Canada Still Reeling Following the Foreclosure Crisis in USA

Tuesday, August 18th, 2009

The Federal Bank has announced that the end of recession is near. But the forestry sector in industry is not reassured as the housing market in USA continues to be laced with troubles and circulation of newspapers dropping. Simultaneously the rising dollar of Canada is putting more pressure on exports.
In the last week of July [...]

Hedge Funds had a Major Role to Play in the Foreclosure Crisis

Monday, August 17th, 2009

Hedge funds had a major role to play in the foreclosure crisis and the government is keen to clip its wings so as to disallow a repeat.
Arthur Samburg’s sudden announcement that he was shutting down his hedge fund amounting to $3 billion, strong rumours began to circulate in Wall Street that the Federal regulators were [...]

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