RealtyTrac: Foreclosures Drop in November But Will Come Roaring Back in 2011

If banks would refi at a lower rate without an appraisal to the present owners, many people could afford to keep their homes. No... instead they foreclose, killing the neighborhood values and the American dream.

With all the insanity in the housing industry, does anyone
actually know, who has there Property Title? I'm speaking
of the actually piece of paper, with person who signed for it,
as the owner.

Thank you DNCC DSCC, chuck you schumer barney frank and every corrupt democrat in the U.S. you and Karl Marx are united in stupidity ignorance and economic b#### policy

Blessed are the ones who actually can keep and maintain a house.
Appreciate it while you can.

mine will be one of them. I am so ticked off that the banks got a bail out and now they want you to keep paying on a house that is 30% underwater. they won't even refi for a lower rate under the government programs because I am paying my mortgage!

Screw them!

Robo signing is the same as signing someone elses check It Is Fraud and the SEC is taking its time because it wants to blame someone who is not there AS USUAL.

Again one Law (none) for the real robbers and too much law for the rest of us.

And we the sheeple still vote !

Don't forget Hank Paulson,that "bumbling" idiot pushed thru "tarp" for the banks! I couldn't understand anyone listening to him! He spoke like he had "marbles" in his mouth!

Why ....Housing market is dead !!!! No buyer...........Plenty unemployed and being indanger of being unemployed.......Fear make housing market Dead and Unemployment..............Hence, inflation is coming to the scene with in 2011 to attack the price movement, Interest rate is about to go up.....Cost of Mortgages will go up too.....When it happen house price will go down further.................House Inventory is far too many and foreclosure is increasing everyday......Surely the price will come down again.........Who would like to buy a house when the cost is getting up......It is suicide.........So why should People Buy a house like a poison pill that will kill you......No one will buy it....and nobody will buy a rope to hung himself in a tree........Avoid head pain, avoid problem do not buy house in 2011 and beyong......Live long and happy life avoid the greed of madness.......

The banks are doing everthing they can to keep from going under as a result of the subprime mortages.

The mortage market is awful and until it improves nothing will make much difference.