Top 39 Foreclosure Quotes & Sayings

We pursued many actions against foreclosure rescue scammers who were reaching into the pockets of desperate people in an effort to steal what little remained as they sought to keep their homes.

The newest victims of the nation's foreclosure crisis are pets, which is extremely distressing to me.

Having a plan enabled us to keep our hope alive. Perhaps in a similar fashion, people who are in their own personal crises - a pink slip, a foreclosure - can be reminded that no matter how dire the circumstance, or how little time you have to deal with it, further action is always possible. There's always a way out of even the tightest spot.

I turned down a job when I was broke to the point that I was about to go into foreclosure on my house, but I didn't want to work on the job because of the content of the show.

My mother cleaned homes and drove school buses, and when my family was on the brink of foreclosure... I started bartending and waitressing.

These days, there are sheriff squads whose full-time job is to carry out eviction and foreclosure orders. There are moving companies specializing in evictions, their crews working all day, every weekday.

Poverty became something one could see and experience firsthand, no matter where one was on the economic ladder; it became something you could viscerally experience through the lives of friends, family, neighbors, colleagues. I'd venture to say it's a rare person in 2013 America who knows nobody who lost a job in the recession, or knows nobody whose home went underwater or who went into foreclosure.

Don't try to stop the foreclosure process. Let it run its course and hit the bottom.

UC Merced is the University of California's newest campus and lies among farm fields in the San Joaquin Valley, 2 1/2 hours east of San Francisco and not far from where I spent most of my childhood. It's a part of California that has suffered deeply from the recession with high unemployment and a skyrocketing home foreclosure rate.

We want the accursed foreclosure system wiped out.... We will stand by our homes and stay by our firesides by force if necessary, and we will not pay our debts to the loan-shark companies until the government pays its debts to us.

Between 2009 and 2011, more than one in eight Milwaukee renters were displaced involuntarily, whether by formal or informal eviction, landlord foreclosure, or building condemnation.

Whether low-income people are dealing with access to veteran's benefits, or a protective order to guard against domestic violence, or a way to guard against the loss of their home due to foreclosure and unscrupulous behavior by mortgage providers, there's no way they can afford a lawyer. And that's a serious problem. Because that erodes respect for law, it erodes the prospects for justice.

Foreclosure is nothing new. And it certainly will always be a fact of life for some.

Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.

Your heavenly home was bought for a price, and that payment results in a title deed that can never be lost through foreclosure.

It sends the wrong message to participate in hosted golf and other entertainment activities while thousands of Oregonians face foreclosure, unemployment or are simply struggling.

It's time to pull the bandage off America's foreclosure problem. The economy is ready to emerge from its recent dark period, but to make it happen soon we need to speed the resolution of millions of troubled home loans. Six years have passed since the crisis began, yet instead of accelerating, foreclosures have slowed.

If home ownership is the American dream, then foreclosure certainly is the American nightmare. It destroys more than credit. It destroys lives. And its effects are felt beyond the individual family that it devastates. It shakes our entire economy.

From the Bronx to Buffalo, cities and towns in New York have been plagued by what are commonly called zombie properties. These are homes that residents abandon - often after they have received a foreclosure notice - which then languish, uncared-for, until the foreclosure process is complete.

Remnants of the foreclosure crisis linger everywhere.

When you listen to records like 'Foreclosure,' that's like me sitting in a room by myself just rapping about things that's running across my mind and things that have been bothering me.

Giving debt relief to people that really need it, that's what foreclosure is.

Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate.

Almost a decade removed from the foreclosure crisis that began in 2008, the nation is facing one of the worst affordable-housing shortages in generations.

You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy.

In the press, it has been said that I ran a foreclosure machine.

African Americans, in particular, saw their cumulative wealth crash. They used to have 10 cents on the dollar of the average white family. That 10 cents on the dollar that the African American family used to have crashed down to 5 cents on the dollar, given the focus of predatory lending on the African American community and the degree to which they were really devastated by the foreclosure crisis. So yeah, I think there is a lot of disappointment out there.

It's time we acknowledge that not all Democrats are the same. That a Democrat who takes corporate money, profits off foreclosure, doesn't live here, doesn't send his kids to our schools, doesn't drink our water or breathe our air cannot possibly represent us.

Every day there are homeowners in California who will either receive relief so they can stay in their home, or will be in the foreclosure process and potentially lose their home. And that always weighed heavily on my mind.

I didn't know anything until December 2004 when I went to purchase a vehicle and was told there was a foreclosure on my credit and I wouldn't be able to get the car. I've still got a red flag on my credit.

Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership of the underlying property until it is resold to new investors.

The moral angle to the foreclosure crisis - and, of course, in capitalism we're not supposed to be concerned with the moral stuff, but let's mention it anyway - shows a culture that is slowly giving in to a futuristic nightmare ideology of computerized greed and unchecked financial violence.

The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses.

Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a more sustainable home purchase at some later point.

Foreclosure is to no one's benefit. I've heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure.

A foreclosure does not define you financially.

I'm short-selling my house. I have more loans than I can sell the house for. The house will not go into foreclosure. It will be a short sale. I can't afford the house as I once could.

Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity.

Well, actually, if you can stay in your home that is a better deal for the neighborhood. It's certainly a better deal for the person that is in their home, rather than to be on the street and for that house to go into foreclosure and become a problem for the whole community.