At a debate on Thursday in Florida, it devolved into finger pointing. A question about the government’s involvement in the mortgage market prompted. someone who had lost their home to foreclosure.
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Last October, Mitt Romney’s advice to the editorial. fund that was heavily invested in mortgage-backed obligations. The people who purchased these debts have launched foreclosures against thousands.
After holding a roundtable with voters struggling as a result of the foreclosure crisis, Romney said he wished that Gingrich had heard their stories as a former adviser to mortgage giant. “While.
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. number of the foreclosure cases now clogging Florida’s courts system. As I reported last week, foreclosure mills like Stern’s are well-greased, assembly line-like operations that try to squeeze.
ORMOND BEACH, Fla., – Less than 24 hours after his disappointing showing in the South Carolina primary, Mitt Romney took his campaign fight to Florida, linking the mortgage foreclosure crisis here -.
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One is a lot of homes coming in, that are in foreclosure. surveys in Florida. Recycling a line from Monday night’s debate in Tampa, he said Gingrich was “peddling influence” as a consultant to.
Few states have been hit harder than Florida, where prices have dropped 45 percent since 2006, half of recently-sold homes are in default, and 23 percent of of homes are delinquent or in foreclosure .
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A ThinkProgress examination of Mitt Romney. of the mortgage obligations for now-defunct Washington Mutual and Countrywide, suggests more than 5,000 foreclosure cases were filed in 2010. And.
“Factual Flubs in Florida.” 24 Jan 2012. Farley, Robert. “Disgrace, Influence Peddling and Other debate charges.” 24 jan 2012. Smith, Ben and Jonathan Martin. “Obama plan: Destroy Romney.” Politico. 9.
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Rather, it criticized Mr. Obama’s administration for presiding over millions of foreclosures in the last year. Andrea Saul, a spokesperson for Mr. Romney, said the fault for the mortgage crisis rests.
Mortgage foreclosures in Florida are “judicial proceedings,” and are.. and profits arising from the mortgaged real property in a foreclosure.
The implications of the investigation could also be felt in Florida, where there has been a concerted push to lower premium rates. Banks and mortgage providers regularly. servicers for placing.