Friday, March 11, 2011

foreclosure homes

On Monday night, I watched my initial, The Very last Word host Lawrence O’Donnell.
Despite the fact that O’Donnell laudably attempted to concentrate the audience’s attention onand hopefully final, Charlie Sheen trainwreck interview, courtesy of the tragic undertow that threatens to pull Sheen below for wonderful, I was overtaken, not from the pulling on the thread, as well as the voracious audience he serves. It did not make me unfortunate, it built me angry.

Concerning celebrities, we can be a heartless country, basking within their misfortunes like nude sunbathers at Schadenfreude Seashore. The impulse is understandable, to some diploma. It could possibly be grating to pay attention to complaints from many people who appreciate privileges that the majority of us can not even envision. Once you can’t muster up some compassion for Charlie Sheen, who would make a lot more capital for a day’s effort than the majority of us will make inside of a decade’s time, I guess I can not blame you.



Using the speedy tempo of events on the web and also the info revolution sparked by the World-wide-web, it’s rather effortless for that technological know-how sector to consider it’s extraordinary: constantly breaking new ground and doing things that nobody has ever before undertaken earlier than.

But you'll find other types of internet business that have currently undergone a number of the same radical shifts, and have just as wonderful a stake inside the long term.

Get healthcare, as an illustration.

We usually imagine of it like a vast, lumbering beast, but in fact, medication has undergone a sequence of revolutions within the past 200 years that happen to be no less than equal to all those we see in technologies and data.

Significantly less understandable, but however within the norms of human nature, would be the impulse to rubberneck, to slow down and consider the carnage of Charlie spectacle of Sheen’s unraveling, but from the blithe interviewer Sheen’s daily life as we pass it from the right lane of our each day lives. To be straightforward, it could possibly be tough for persons to discern the distinction in between a run-of-the-mill interest whore, and an honest-to-goodness, circling the drain tragedy-to-be. On its own merits, a quote like “I Am On the Drug. It’s Named Charlie Sheen” is sheer genius, and we cannot all be anticipated to take the complete measure of someone’s daily life every single time we hear a little something amusing.

Swift ahead to 2011 and I am wanting to look into implies of getting a bit more business-like about my hobbies (typically music). Through the finish of January I had manned up and started to advertise my blogs. I had made various distinct blogs, which were contributed to by mates and colleagues. I promoted these actions by Facebook and Twitter.


Second: the little abomination the Gang of 5 on the Supream Court gave us a yr or so ago (Citizens Inebriated) really includes a little bouncing betty of its personal that can rather perfectly go off from the faces of Govs Wanker, Sacitch, Krysty, and J.O. Daniels. Because this ruling extended the concept of “personhood” to both companies and unions, to try to deny them any proper to operate inside the legal framework that they had been organized below deprives these “persons” of the freedoms of speech, association and motion. Which suggests (when once more, quoting law college skilled household) that both the courts need to uphold these rights for that unions (as particular person “persons” as guaranteed by the Federal (and most state) constitutions, or they've to declare that these attempts at stripping or limiting union rights should use to major companies, also.



More than 8,300 homeowners in Illinois received notices from lenders that they’d defaulted on their mortgages and had foreclosures proceedings initiated against them last month, according to a monthly foreclosure report issued Thursday by Web site RealtyTrac.


In addition to the 8,345 homeowners receiving default notices, another 1,908 received notice that their homes were scheduled for court-ordered auction and 2,910 homes in the state were repossessed by lenders.


The numbers, as expected, are low because foreclosure activity stalled during the fourth quarter of 2010 while mortgage servicers investigated the internal procedures for processing foreclosures and repossessing homes.


Nationally, all types of foreclosure notices were reported on 261,333 residential properties, a 1 percent increase from December but down 17 percent from January 2010.


“We’ve now seen three straight months with fewer than 300,000 properties receiving foreclosure filings, following 20 straight months where the total exceeded 300,000,” said James Saccacio, RealtyTrac CEO, in a statement. “Unfortunately, this is less a sign of a robust housing recovery and more a sign that lenders have become bogged down in reviewing procedures, resubmitting paperwork and formulating legal arguments related to accusations of improper foreclosure processing.”


Separately, Woodstock Institute reported Thursday that despite a 55.2 percent dip in foreclosure auctions between the third and fourth quarter due to the ‘robo-signing’ scandal and resulting investigations, completed foreclosure auctions in the Chicago area rose by 25.2 percent in 2010, to 30,981 properties. In 95 percent of those auctions, after which a homeowner typically is evicted, the homes became lender-owned.


In the six-county Chicago area, almost 80,000 default notices were issued in 2010. Condominiums accounted for 42.5 percent of all foreclosure activity last year.





I mentioned JPMorgan Chase earlier today, in conjunction with Bernie Madoff’s reasoning that the banks “had to know” about his Ponzi scheme. JPM also plans to cut their trading platforms around the world, perhaps in response to Dodd-Frank. But I want to point out that JPM is working hard to clean up another of their problems, this time related to their abuse of military families.


A Congressional hearing last week detailed how JPM illegally foreclosed on service members while they served on active duty overseas, in violation of the Servicemembers Civil Relief Act. They also charged mortgage interest rates above the cap for active-duty military personnel.


The big bank went out of their way to fix the problem yesterday, knowing that abusing service members could get you in big trouble in this country, and lead to further scrutiny of their abusive practices. Calling these violations a “painful aberration” on a track record of honoring military families, JPM CEO Jamie Dimon announced:


• New pricing. Under the Servicemembers Civil Relief Act, servicers are required to cap mortgage interest rates for active duty personnel at 6%. JPM will lower that cap to 4%.


• Military modification program. JPM will go beyond HAMP requirements for all personnel who served on active duty going back to 9/11. If the borrower has a second lien with them, they will reduce the interest rate on it to 1%.


• No foreclosures. JPM will not foreclose on any active duty military personnel overseas. Anyone who was wrongly foreclosed upon previously will not only get their home back, but JPM will forgive all remaining home debt. They promise to do that in the future with any other wrongful foreclosure of a military family.


• Donations. JPM will donate 1,000 homes to military and veterans, through a non-profit partner, over the next five years.


• Jobs. They will commit to hiring 100,000 military and veterans over the next ten years. They will also offer a Technology Education certificate for veterans to take free to get technology training for future careers.


• Advisory Council. They’ll form an Advisory Council to determine other ways to help military families. They’re also opening a bunch of Homeownership Centers near military bases to assist families.


Needless to say, this is a PR gambit to the nth degree. But look how incredibly scared JPM is that anyone will look past the abuse of military families. They are going out of their way to burnish and repair their public image on this one, and the goal is to whitewash the fact that they were merely engaging in standard servicer practices of abusing homeowners and illegally foreclosing.


The question I have is simple: Why is it OK to abuse the vast majority of borrowers in the United States, but not military families? Why draw the line there? The answer is equally simple: it’s good politics, and they don’t want Congress breathing down their necks.


I hope that people can see through this admission of wrongdoing and guilt, and know that it’s not confined to the military sphere.




Source: http://removeripoffreports.net/ corporate Reputation Management

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