Saturday, November 10, 2007

Alarming Rate Of Foreclosures Makes Indiana State Sit Up

Foreclosure1 Blog:
"Indiana is ranking third amongst the nation’s foreclosure offenders. The state government can no longer remain a spectator. With the implications of foreclosures touching each and every aspect of the socio-economic scenario it is to the interest of all – government, lenders as well as of course the borrowers to pitch in.

What makes the foreclosure tale more tragic is that winter and the merry season is just around the corner. Community non-profit groups have also joined hands with the state to find some solution to the inevitable foreclosure. The state has launched a new programme called the Indiana Foreclosure Prevention Network with high hopes. Importance is being placed on the vital role of the adviser. Arrangements are being made first to make the borrowers become aware of the necessity of the counselor and then to tell them that the advisers are only a phone call or a mouse click away."

1 comment:

Anonymous said...

Indiana Foreclosure Prevention Network - Don't waste your time, unless you're into getting counseling, which unfortunately, doesn't help in any way, shape or form in helping you to get your late mortgage payments paid.

The same information can be found on HUD's (Housing and Urban Development) website and you don't have to give any personal information out to read it.

If the government want to help, it can, but we all know the reality is that our government will do as little as possible to help anyone other than a foreign country that needs money for one reason or another, to curry favoritism from America.

Yet in our own country, people are losing their homes right and left and many others face starvation on a daily basis. Where's their share of the American Dream? Well, it sure isn't in America.

The politicians are great for their rhetoric and you can always hear a sympathetic comment from any number of them such as, "I understand". Problem is, as I see it, they haven't even got the beginnings of a clue. Why should they? Sitting at their desks with their cushy jobs while "working America" is living a real existence, having to deal with real life and real life's issues.

Mr. Politician, if you want to truly understand, take an eight dollar an hour job and try to live on that. The maybe, you can say, "I understand". Until then, drop the rhetoric and DO SOMETHING REAL!

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