Category Archives: mortgage foreclosures

President Obama’s Weekly Address 2/4/12: It’s Time for Congress to Act to Help Responsible Homeowners

WASHINGTON, DC—In this week’s address, President Obama continued his call for a return to American values, including fairness and equality, as part of his blueprint for an economy built to last. This is why the President is sending Congress his plan to give responsible homeowners the chance to save thousands of dollars on their mortgages by refinancing at historically low rates without adding a cent to the deficit. The housing crisis has been the single largest drag on the recovery, and although the Administration’s actions have helped responsible homeowners refinance their mortgages and stay in their homes, Congress must act now to do more to continue assisting homeowners and the economy. President Obama asks all Americans to tell their elected officials to pass this plan to keep more families in their homes and more neighborhoods thriving and whole.

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Filed under Congress, economy, Homeowners, housing crisis, mortgage foreclosures, mortgage refinancing, President Obama, weekly address

Pallone Announces Free Foreclosure Assistance Event

Face-to-Face Counseling with Mortgage Companies and Housing Counselors Available for At-Risk New Jersey & New York Homeowners

Long Branch, NJ — Congressman Pallone, Jr. Friday announced a free Help for Homeowners community event, sponsored by the Obama Administration’s Making Home Affordable Program, HOPE NOW Alliance and NeighborWorks® America. The event will be held in Secaucus for all homeowners who may be at risk of foreclosure. The event is free, open to the public and provides a chance for homeowners to meet face-to-face with their mortgage company and a HUD-approved counseling agency to work on a solution to help them stay in their home.

New Jersey homeowners who are behind on their mortgage or may be at risk of foreclosure
Free Help for Homeowners Community Event
Tuesday, September 27, 2011
11:00am -7:30pm
Meadowlands Exposition Center
355 Plaza Drive
Secaucus, NJ 07094

For more information, go to

NOTE: Out of concern for borrower privacy, media access is limited at this event. All members of the media are required to register at the Media Registration table upon arrival. Press and cameras will only be allowed in designated areas. Industry and sponsoring officials may be available for interviews.

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Filed under Congressman Frank Pallone, free event, HOPE NOW, mortgage foreclosures

>President Obama’s Weekly Address 10/23/10 : Letting Wall Street Run Wild Again

>Pointing to the foreclosure crisis and the economy, the President cites passage of Wall Street Reform over the ferocious lobbying of Wall Street banks as a pivotal acheivement — and condemns Republicans in Congress for vowing to repeal it.

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Filed under Congressional Republicans, Economic Crisis, mortgage foreclosures, President Obama, Wall St. Reform, Wall Street, Wall Street reforms, weekly address

Newark Mayor Cory Booker on Meet The Press This Sunday

Newark Mayor Cory Booker will be joining David Gregory on Meet the Press this Sunday.

Booker will be joined by fellow mayor, New York City’s Michael Bloomberg to dsicuss unemployment and job prospects that continue to look bleak for many Americans. They will give their insights into how and when things will finally start to recover and how they are finding solutions to unemployment, housing foreclosures and a faltering economy. It should be interesing.

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Filed under Cory Booker, David Gregory, job prospects, Meet the Press, Michael Bloomberg, mortgage foreclosures, unemployment

Corzine Fact: State Foreclosure Rate Down 40%

Here’s an interesting tidbit of information.

Gov. Corzine launched the country’s first statewide foreclosure mediation program. “Foreclosure action on homes in New Jersey dropped more than 40 percent in May versus the same period the year earlier”

N.J. real estate sees steep drop in foreclosures – Real Estate –

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Filed under Corzine'09, Facebook, Gov. Jon Corzine, mortgage foreclosures, New Jersey,

President Obama’s Weekly Address: 3/7/09

President Obama capped off a busy week in Washington remarking on new lending guidelines aimed at lowering mortgage payments; an initiative to generate funds for small business and college loans; the release of his administration’s first budget which includes $2T in deficit reduction; and the start of long overdue health care reform.

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Filed under college loans, deficit reduction, health care reform, home owners, mortgage foreclosures, President Obama, small businesses, unemployment rate, weekly address

Governor Corzine discusses his economic stimulus package and the greater economy

Governor Corzine discusses his economic stimulus package and the greater economy.

You find more information about my Economic Assistance and Recovery Plan, including how to get assistance for your family at

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Filed under capital investments, Economic Assistance and Recovery Plan, Economic Package, Gov.Jon Corzine, hunger, Job creation, leadership, Lehman Brothers, mortgage foreclosures, New Jersey, Seniors, Trenton