Reports State Obama Administration $25 Billion Mortgage Deal To Increase Home Seizures

February 13. 2012

Barack Obama

Economists indicate the $25 billion dollar mortgage deal the Obama Administration struck with the nation's major banks, will accelerate and increase the number of home seizures in America, due to foreclosure. Never in the nation's history has America had so many foreclosures. The crisis is unprecedented. With millions of homes repossessed and auction at courthouse across the nation, home property values in America have plummeted 40-80%, varying state by state.

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