Foreclosures
in sentence
49 examples of Foreclosures in a sentence
Job loss, bankruptcy and
foreclosures
were present in nearly 40 percent of the deaths, with white middle-aged men accounting for seven out of 10 suicides.
And because we started this work around the time of the financial collapse, around the time when
foreclosures
were hitting the news, we said, hhmm, maybe we should actually start in the financial domain.
If interest rates rise too far, then the collapse in housing values will lead to large-scale
foreclosures
and a collapse in consumption spending as well.
It then spread to financial institutions that could not cope with the losses associated with mortgage delinquencies, foreclosures, and the depreciation of housing-related securities.
J.P. Morgan and Deutsche Bank have paid substantial sums to settle charges ranging from bribery to illegal
foreclosures
to abetting tax evasion.
Meanwhile, insolvencies and
foreclosures
triggered by excessive interest burdens are not reversed by later rate cuts.
The fall in house prices also led to a sharp rise in mortgage defaults and foreclosures, which has increased the supply of homes on the market and caused house prices to fall further.
In addition, high loan-to-value ratios in the US interact with household financial problems to increase the number of defaults and
foreclosures.
And banks had a voluntary moratorium on foreclosures, holding supply off the market.
Significantly,
foreclosures
rose 7% month on month in June, and a whopping 32% compared to June 2008.
Unfortunately, there is no program to deal with the defaults and
foreclosures
caused by high loan-to-value ratios.
Given the large number of negative-equity homeowners, there is a risk that defaults and
foreclosures
will continue.
Throwing money at banks hasn’t helped homeowners:
foreclosures
continue to increase.
Even though 10% of US households with mortgages had already lost their homes, the pace of
foreclosures
appeared to be increasing – or would have, were it not for legal snafus that raised doubts about America’s vaunted “rule of law.”
The Bush administration is hoping, somehow, to forestall a wave of
foreclosures
– thereby passing the economy’s problems on to the next president, just as it is doing with the Iraq quagmire.
Such platforms have been created for land auctions and foreclosures, as well as private transactions.
In America, after more than seven million home
foreclosures
in recent years, we have empty homes and homeless people.
Moreover, political gridlock will ensure that little is done about the other festering problems confronting the American economy: mortgage
foreclosures
are likely to continue unabated (legal complications aside); small and medium-sized enterprises are likely to continue to be starved of funds; and the small and medium-sized banks that traditionally provide them with credit are likely to continue to struggle to survive.
Residential investment is still at an historic low as a share of GDP as a result of overbuilding during the 2003-2008 housing boom and the tsunami of
foreclosures
that followed.
Home sales, prices, and construction all rose last year, while
foreclosures
declined.
Households have slashed their debt – often through painful
foreclosures
and bankruptcies – and their debt relative to income has sunk to its 2005 level, significantly below its 2008 peak.
And the lower prices lead to more negative equity and therefore to more defaults and
foreclosures.
In America, for instance, bad debt and
foreclosures
are at levels not seen for three-quarters of a century; the decline in credit in 2009 was the largest since 1942.
In the US, the protests of 2011 will have a lasting effect only if Occupiers remain organized and continue their work on fighting
foreclosures.
Delinquencies, defaults, and
foreclosures
are now spreading from sub-prime to near-prime and prime mortgages.
Of course, the millions of personal bankruptcies and home
foreclosures
in the US are not popular, but they provide debt relief each time, thereby enabling households to make a fresh start.
To prevent housing prices from overshooting on the downside, the number of
foreclosures
has to be kept to a minimum.
A weaker economy means more bankruptcies and home
foreclosures
and higher unemployment.
Short-term emergency policies are needed to deal with high unemployment, home foreclosures, business bankruptcies, and often with hunger, disease, and a number of other ills.
House prices probably will fall further, so there will be more foreclosures, and no amount of talking up the market is going to change that.
Related words
Prices
Financial
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Defaults
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Continue
Banks
Bankruptcies
Which
Unemployment
Number
Market
Increase
Homes
While
Remain