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Foreclosures and the Status of Banks and the Economy - No More Foreclosure Rally San Diego

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Uploaded by on Aug 16, 2009

http://www.homeowners4hope.org http://macplan.blogspot.com Homeowners 4 Hope is an organization that is trying to keep families in their homes and avoid foreclosures. Frustrated by the lack of effort on the part of large banks to restructure loans Homeowners 4 Hope launched as a grass roots campaign to unite homeowners and send a message to congressional members and banks that more needs to be done to make banks work with home owners and via restructuring loans. In this video mortgage broker Dave McDonald talks about the current housing situation and what is coming down the pipeline for homeowners as banks consolidate power. If you have a foreclosure story to share or would like to volunteer to help get this message out visit the www.homeowners4hope.org website or http://macpaln.blogspot.com . In this video mortgage brokers Dave MacDonald shares his frustration seeing people being throw out of their homes during protest in front of Chase Bank in San Diego.

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  • Banks need revenue. They will just raise prices to the cunsumer for their services to make up for the loss of profits to cover their costs.

  • Totally agree. Credit scores should be thrown out and this has been my opinion all along. Everybody needs a home and everybody should get the same rate for a home.

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