Tag Archives: foreclosure

More bank robberies, but why?!

20 Nov

Denver Post headline:

Brilliant.  I wonder if it has anything to do with poverty, job loss, class society?  I’m sure it’s completely unrelated to this headline, also in the Denver Post:

It couldn’t be that people realize their money and homes are being robbed by the banks, and are deciding to take it back…  could it?

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Colorado banks stealing more homes than ever

14 Aug

9news.com: DENVER – State housing officials say foreclosure filings hit a record high in the second quarter with 12,135 homes entering the initial proceedings of bank repossession.

Nearly 5,000 foreclosures were completed, meaning the homes were returned to the bank, according to Colorado Division of Housing figures released Thursday.

During 2008, there were 39,333 total foreclosure filings and 21,301 total completed foreclosures.