Wednesday 1st of May 2024

nightmares in dreamland .....

nightmares in dreamland .....

Foreclosure filings have nearly doubled from a year ago and more people could lose their homes in 2008, according to a report released Thursday. In October, 224,451 foreclosure filings were reported nationwide, up 94 percent from October 2006. 

Senate Banking Chairman Chris Dodd (D-CT) said he plans to introduce legislation "that would rewrite portions of the bankruptcy code. His package will include language that would change the treatment of mortgage debt to help struggling property owners hold on to their homes." 

elsewhere ….. 

Nearly 3,000 families will be forced out of FEMA trailers by next May when FEMA plans to "close all the trailer camps it runs for victims" of Hurricane Katrina.  

The trailers have been found to contain dangerous levels of formaldehyde