Bankruptcy by Bush

[ESQ]

Home Foreclosures Hit Record High
U.S. mortgages in foreclosure climbed to a record high in the first three months of 2003 as job losses and personal bankruptcies forced more people out of thr homes, a mortgage industry group said on Friday.

Home loans in the process of foreclosure climbed to 1.2 percent of all mortgages in the first quarter, beating the previous high of 1.18 percent set in the fourth quarter of 2002, the Mortgage Bankers Association of America said.

Mortgages entering the foreclosure process rose in the quarter to 0.37 percent from 0.35 percent in the fourth quarter.

[SuffolkMD]

And your point is....?
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[Mylezylez]

I think the point is that Bush's economic stimulous is complete B.S.
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[SuffolkMD]

Miles,

Again a poster who posts a "fact" without citing the source of the statistics. What is it with you guys?

Anyway, assuming it's true, does a 0.002% rise in people entering foreclosure mean the Apocalypse is here?

Should I make my run on the bank now?

suffolkMD
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