Here comes the next crisis: up to 30% of all mortgages will default in biggest wave of delinquencies in history & this time the crisis will be far...

[MindWars]

Here Comes The Next Crisis: Up To 30% Of All Mortgages Will Default In “Biggest Wave Of Delinquencies In History”

And unfortunately this time the crisis will be far worse...

www.infowars.com

Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a far more conventional problem: the sudden and unpredictable inability of mortgage borrowers to make their scheduled monthly payments as the entire economy grinds to a halt due to the coronavirus pandemic.

HERE COMES THE NEXT CRISIS: UP TO 30% OF ALL MORTGAGES WILL DEFAULT IN “BIGGEST WAVE OF DELINQUENCIES IN HISTORY”
And unfortunately this time the crisis will be far worse…


You laughed
you banned
you never got the whole picture what comes after this virus
some still can't see it yet oh but your going to Karma is coming bitches...

LOL. we always get the last laugh.

all those MASK YOU HAVE TO WEAR THEY WERE DRAGGED ALL OVER THE FLOOR but you all still WONT LISTEN CHINA TRIED TO KILL US !!!

GET READY ALL MEDIA WILL BE SHUT DOWN ACCEPT LEFTIST.

AGENDA 2030

It’s going to start with commercial mortgages. Businesses simply won’t be able to pay their rent. Of course the increase in unemployment or semi-permanent furlough will cause home mortgage payments to not be made.

The question is will the banks try to repo all these properties in a vein attempt to recoup their losses. I think they would be better off allowing the businesses and people to just delay those payments. But who knows what they will do. Banks don’t ever lose money. When they actually do, the media will spin that it’s the end of the world and demand government bailouts of banks. Meanwhile the people get fucked over again.

Funny you said that , the hub said earlier today the bannks should bai out the people .

 

[Denizen]

There will be a large loss of wealth as property prices fall and many are underwater.

There is an opinion that COVID-19 infections might last 12 months and that there may be more than one wave of infections which could only be prevented by a vaccine and mass inoculation.

The biggest danger to society and the economy is the risk of death of health workers which may cause worsening of the infection rate and mortality.

 

[EdwardBaiamonte]

But who knows what they will do. Banks don’t ever lose money.

Actually many banks went bankrupt in 2008. what planet were you on??

 

[EdwardBaiamonte]

There will be a pause in mortgage payments as the crisis passes over

First one you ever got right!! Banks and landlords could not possibly profit from foreclosing and evicting. 1) They cant get into courts because they are closed and, 2) any buyers would simply be those who just got foreclosed and evicted elsewhere 3) it would be the most horrendous PR possible..

 

[Denizen]

There will be a pause in mortgage payments as the crisis passes over

First one you ever got right!! Banks and landlords could not possibly profit from foreclosing and evicting. 1) They cant get into courts because they are closed and, 2) any buyers would simply be those who just got foreclosed and evicted elsewhere 3) it would be the most horrendous PR possible..

Debt collectors will profit from the free money raining down. They already have orders allowing them to withdraw from the account of debtors.

Debt collectors can empty debtors accounts when they have a garnishee order.

 

[Toddsterpatriot]

There will be a pause in mortgage payments as the crisis passes over

First one you ever got right!! Banks and landlords could not possibly profit from foreclosing and evicting. 1) They cant get into courts because they are closed and, 2) any buyers would simply be those who just got foreclosed and evicted elsewhere 3) it would be the most horrendous PR possible..

Debt collectors will profit from the free money raining down. They already have orders allowing them to withdraw from the account of debtors.

Debt collectors can empty debtors accounts when they have a garnishee order.

Debt collectors will profit from the free money raining down.

Debts being paid??

Sounds horrible...…...DURR.

 

[Denizen]

There will be a pause in mortgage payments as the crisis passes over

First one you ever got right!! Banks and landlords could not possibly profit from foreclosing and evicting. 1) They cant get into courts because they are closed and, 2) any buyers would simply be those who just got foreclosed and evicted elsewhere 3) it would be the most horrendous PR possible..

Debt collectors will profit from the free money raining down. They already have orders allowing them to withdraw from the account of debtors.

Debt collectors can empty debtors accounts when they have a garnishee order.

Debt collectors will profit from the free money raining down.

Debts being paid??

Sounds horrible...…...DURR.

While people starve and are made homeless.

 

[Toddsterpatriot]

There will be a pause in mortgage payments as the crisis passes over

First one you ever got right!! Banks and landlords could not possibly profit from foreclosing and evicting. 1) They cant get into courts because they are closed and, 2) any buyers would simply be those who just got foreclosed and evicted elsewhere 3) it would be the most horrendous PR possible..

Debt collectors will profit from the free money raining down. They already have orders allowing them to withdraw from the account of debtors.

Debt collectors can empty debtors accounts when they have a garnishee order.

Debt collectors will profit from the free money raining down.

Debts being paid??

Sounds horrible...…...DURR.

While people starve and are made homeless.

Lot of that happening this week?

 

[Denizen]

There will be a pause in mortgage payments as the crisis passes over

First one you ever got right!! Banks and landlords could not possibly profit from foreclosing and evicting. 1) They cant get into courts because they are closed and, 2) any buyers would simply be those who just got foreclosed and evicted elsewhere 3) it would be the most horrendous PR possible..

Debt collectors will profit from the free money raining down. They already have orders allowing them to withdraw from the account of debtors.

Debt collectors can empty debtors accounts when they have a garnishee order.

Debt collectors will profit from the free money raining down.

Debts being paid??

Sounds horrible...…...DURR.

While people starve and are made homeless.

Lot of that happening this week?

Jared still not up to full speed yet.

 

[Indeependent]

Retirees who invest in Mortgage Backed Securities are screwed.

 

[Indeependent]

Here Comes The Next Crisis: Up To 30% Of All Mortgages Will Default In “Biggest Wave Of Delinquencies In History”

And unfortunately this time the crisis will be far worse...

www.infowars.com

Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a far more conventional problem: the sudden and unpredictable inability of mortgage borrowers to make their scheduled monthly payments as the entire economy grinds to a halt due to the coronavirus pandemic.

HERE COMES THE NEXT CRISIS: UP TO 30% OF ALL MORTGAGES WILL DEFAULT IN “BIGGEST WAVE OF DELINQUENCIES IN HISTORY”
And unfortunately this time the crisis will be far worse…


You laughed
you banned
you never got the whole picture what comes after this virus
some still can't see it yet oh but your going to Karma is coming bitches...

LOL. we always get the last laugh.

all those MASK YOU HAVE TO WEAR THEY WERE DRAGGED ALL OVER THE FLOOR but you all still WONT LISTEN CHINA TRIED TO KILL US !!!

GET READY ALL MEDIA WILL BE SHUT DOWN ACCEPT LEFTIST.

AGENDA 2030

I think it takes 3 months of non-payment followed by a phone vocalized statements that one is defaulting.
Usually the mortgage manager will try to reach an attainable amount agreeable to both parties.
The defaulter's credit rating drops like astone.

 

[EvilCat Breath]

Well. No. Mortgage holders are just allowing up to six months forbearance on the mortgages and tacking it on to the end. Same thing with car payments. No catastrophe.

 

[theHawk]

But who knows what they will do. Banks don’t ever lose money.

Actually many banks went bankrupt in 2008. what planet were you on??

Yea and they got bailed out. What planet were you on?

 

[MindWars]

Well. No. Mortgage holders are just allowing up to six months forbearance on the mortgages and tacking it on to the end. Same thing with car payments. No catastrophe.

you have to have ALL THAT money at once when the forbearance is over this isn't free money.

 

[EvilCat Breath]

Well. No. Mortgage holders are just allowing up to six months forbearance on the mortgages and tacking it on to the end. Same thing with car payments. No catastrophe.

you have to have ALL THAT money at once when the forbearance is over this isn't free money.

No you don't. If you are six months behind the term is extended six months. I got into a bit of trouble when my partner was sick. I got an 8 month forbearance on my car loan. The payoff date was extended. My son and daughter in law just signed the papers getting a forbearance of six months on their mortgage. The pay off date was extended for six months.

Don't go telling these tales. It doesn't make you look good.

 

[miketx]

Here Comes The Next Crisis: Up To 30% Of All Mortgages Will Default In “Biggest Wave Of Delinquencies In History”

And unfortunately this time the crisis will be far worse...

www.infowars.com

Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a far more conventional problem: the sudden and unpredictable inability of mortgage borrowers to make their scheduled monthly payments as the entire economy grinds to a halt due to the coronavirus pandemic.

HERE COMES THE NEXT CRISIS: UP TO 30% OF ALL MORTGAGES WILL DEFAULT IN “BIGGEST WAVE OF DELINQUENCIES IN HISTORY”
And unfortunately this time the crisis will be far worse…


You laughed
you banned
you never got the whole picture what comes after this virus
some still can't see it yet oh but your going to Karma is coming bitches...

LOL. we always get the last laugh.

all those MASK YOU HAVE TO WEAR THEY WERE DRAGGED ALL OVER THE FLOOR but you all still WONT LISTEN CHINA TRIED TO KILL US !!!

GET READY ALL MEDIA WILL BE SHUT DOWN ACCEPT LEFTIST.

AGENDA 2030

It's not due to the virus, it's due to media fear mongering and fascist politicians.

 

[MindWars]

Here Comes The Next Crisis: Up To 30% Of All Mortgages Will Default In “Biggest Wave Of Delinquencies In History”

And unfortunately this time the crisis will be far worse...

www.infowars.com

Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a far more conventional problem: the sudden and unpredictable inability of mortgage borrowers to make their scheduled monthly payments as the entire economy grinds to a halt due to the coronavirus pandemic.

HERE COMES THE NEXT CRISIS: UP TO 30% OF ALL MORTGAGES WILL DEFAULT IN “BIGGEST WAVE OF DELINQUENCIES IN HISTORY”
And unfortunately this time the crisis will be far worse…


You laughed
you banned
you never got the whole picture what comes after this virus
some still can't see it yet oh but your going to Karma is coming bitches...

LOL. we always get the last laugh.

all those MASK YOU HAVE TO WEAR THEY WERE DRAGGED ALL OVER THE FLOOR but you all still WONT LISTEN CHINA TRIED TO KILL US !!!

GET READY ALL MEDIA WILL BE SHUT DOWN ACCEPT LEFTIST.

AGENDA 2030

It's not due to the virus, it's due to media fear mongering and fascist politicians.

That too.

 

[Unkotare]

Conspiracy nuts want to feel important. They also tend to suffer from schizophrenia.
Most of all, they loves them some internet.

 

[MindWars]

Conspiracy nuts want to feel important. They also tend to suffer from schizophrenia.
Most of all, they loves them some internet.

No we just have more knowledgeg than pea sized brains can handle. That's why Obama and CLinton trained you asses to parrot MSM so u think u know what's going on lmfao and u have no clue.

Keep the sheep dumb and they will follow.

 

[MindWars]

Conspiracy nuts want to feel important. They also tend to suffer from schizophrenia.
Most of all, they loves them some internet.

Maybe it will grow you a fkn common sense brain LOL

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Republican Gov. Kristi Noem has become a centerpiece politician for rights and liberty. Amidst a growing number of power-grabbing opportunist politicians looking to cash in on COVID-19 fears, she's remained calm and guided by the

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