We’re # 1! | Florida’s Foreclosure Rate is Nation’s Highest

Florida’s foreclosure rate is nation’s highest

Florida’s foreclosure rate moved above 14 percent in the fourth quarter of 2010, and the state now accounts for nearly one in every four distressed homes in the nation, according to a new report.

BY TOL– USE OLORUNNIPA
tolorunnipa@MiamiHerald.com

Florida has the nation’s highest inventory of homes in distress, accounting for nearly one out of every four foreclosure properties in the country, according to data released Thursday by the Mortgage Bankers Association.

More than 14 percent of Florida’s mortgages were in foreclosure in the fourth quarter of 2010, and an additional 5.2 percent were more than 90 days behind on payments, the MBA report found.

“More than 20 percent of all loans in Florida are somewhere past due or somewhere in foreclosure,” said Mike Fratantoni, vice president of the MBA.

That’s the highest level of at-risk properties in the nation and Florida’s foreclosure inventory is up 0.5 percent from the previous quarter. The national delinquency rate is 8.2 percent, down 0.9 percent from the previous quarter.

Read more: http://www.miamiherald.com/2011/02/17/2072416/floridas-foreclosure-rate-is.html#ixzz1EJkZUwuo

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4closureFraud.org

Comments
3 Responses to “We’re # 1! | Florida’s Foreclosure Rate is Nation’s Highest”
  1. They keep pushing their luck …but what are they going to do when shove comes back in their faces? When the streets are filled with a whole lot of angry people all over this country and the world…they can only hide so long. No one is following any laws..it’s a free for all…so why should the people of this land follow laws? What is good for the goose is good for the gander….can’t say they were not warned. The corruption is rampant and our government has not done a damn thing about any of it….and the government is corrupt. This whole fraud and corruption crap is not going to end…they don’t plan on it ending….they are stalling for their time to make a move…this is all a set up..it has been for years in the planning. 2011/2012…google it…YouTube it…read the plan before and after world war 2…it’s all there in black and white. This is why there has been no indictments..nothing…and there won’t be. This is what they mean when they say ” We are to big to fail “. The bigger bank ( and I don’t believe it is a bank) is not in this country………Shocking, but true. WAKE UP AMERICA Obama spoke of it in his speech in Germany and it was all over the News…so there must not be anything to hide.

  2. l vent says:

    If the fraudsters do not have the ORIGINAL WARRANTY DEED and THE ORIGINAL BLUE INK NOTE, they CANNOT FRAUDCLOSE. THEY HAVE NEITHER. WE HAVE THE DEED and ALL OF THE NOTES WERE DESTROYED. These criminals want us to own nothing, they want us to be thrown out into the street to die from poverty, starvation and illness. They want to BANKRUPT AMERICA and DESTROY AMERICA and create a WEIMAR REPUBLIC, not just here, but worldwide. THESE ELITISTS ARE DESPICABLE. This is strategic class warfare by the elitists on a worldwide scale.

  3. Officer of the Law says:

    Imagine if just 1 out of 100 homeowners in foreclosure in Florida went down to the local prosecutor’s office and demanded that the prosecutor present evidence about banks evading taxes and forging documents to steal homes to the local grand juries.

    Do you think that the prosecutors would stick to their back room deals to look the other way while the banksters continue to rob, cheat and steal or would they do their jobs?

    Would the prosecutors fear angering the public if they still refused to do their jobs? They should, and they do! That is why the banksters’ minions in government passed laws making the home addresses of prosecutors, judges and their enforcers secret. They did this 15 years ago as part of their plan to crush the American people.

    Now, are you going to let these crooked scum control you and impoverish your family and your neighbors or are you going to get out and try to stir people to take action to restore justice?

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