Comments on: The Unemployed are Remaining Unemployed http://dailyreckoning.com/the-unemployed-are-remaining-unemployed/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 23:16:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: sierra http://dailyreckoning.com/the-unemployed-are-remaining-unemployed/#comment-28408 sierra Wed, 23 Sep 2009 15:33:26 +0000 http://dailyreckoning.com/?p=18522#comment-28408 RE: foreclosures.... For a fact a friend has not paid (their) mortgage since the beginning of '09 (out of work for more than a year), several "letters" and conversations with mortgage company but no "foreclosure" as yet????? Either so backed up that "pipeline" is clogged with "non-payments" or there is some weight to keeping more foreclosures from the public eye... And yet, the local papers are filled in back pages of "foreclosure" notices. Go figure.... RE: foreclosures….
For a fact a friend has not paid (their) mortgage since the beginning of ’09 (out of work for more than a year), several “letters” and conversations with mortgage company but no “foreclosure” as yet?????

Either so backed up that “pipeline” is clogged with “non-payments” or there is some weight to keeping more foreclosures from the public eye…

And yet, the local papers are filled in back pages of “foreclosure” notices.

Go figure….

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