Friday, September 17, 2010

Home Foreclsoures Five Year High

Pennsylvania home foreclosure filings, bank seizures hit five-year highs

HARRISBURG, Pa. — The number of Pennsylvania homeowners falling behind on mortgage payments and the number of homes seized by banks hit five-year highs in August.

New figures out Thursday from foreclosure listing firm RealtyTrac Inc. showed 6,500 Pennsylvania homes received at least one foreclosure filing in August, while banks repossessed 2,300 properties.

President Barack Obama:

“In just 20 months, this movement has accomplished a tremendous amount,” Obama wrote in an e-mail. “But we couldn’t have done it without the Democrats in Congress who were willing to take a stand and fight for policies that would move America forward.

“And with so much still left to be done, and too many families struggling to get by, we need to keep America moving forward -- which means I need you to support Paul Kanjorski for Congress.

Kanjorski, Pelosi, and Obama own this mess. It is time to clean it up and send them clean out of Washington

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