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Strategic Default and the Foreclosure Crisis.dv

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Uploaded by on Nov 28, 2009

The biggest housing boom and bust in history. US Home vacancies hit 18.7 million. Housing downturn to last more than 10 years. 3.2 Million households to receive foreclosure notices before the end of 2009. Homeowners just walk away. Bank failures, bank bailouts. Strategic default. AIG, CITI receive huge bailouts. Financial bailout support could reach 23.7 trillion! 14.7 million unemployed. 18 states run out of money for unemployment claims. www.youwalkaway.com

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  • FYI: This is a communist movement that is attempting to bankrupt our country. They are telling people to walk on the mortgage.

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