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Americans Lose Their Homes

by Market FinancePosted onOctober 13, 2022October 13, 2022

This is not a good sign.

Don’t ever let a liberal tell you that President Biden and the Democrats were good for the U.S. economy.

Thanks to President Biden it has now been learned that Foreclosure activity in the United States has increased in the last several months due to the uncertain economic environment.

According to Fox, there was approximately 92,634 U.S. properties that had foreclosure filings from July through September and according to the ATTOM’s Foreclosure Market Report this was an increase of 3% when compared to the previous three months.

Foreclosure processes begin when borrowers fail to make their mortgage payments and the lender decides to foreclose on their homes. Foreclosures won’t start until three and six months of payments have been missed.

Things have gotten so bad under President Biden that 1 out of every 1,517 properties nationwide had a foreclosure filing in the third quarter. The three states with the most instances of foreclosure were in Illinois, Delaware and New Jersey.

If President Biden didn’t already give us high gas prices and overly priced food, they are now tormenting lower class Americans and forcing them out of their homes.

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