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Since the both the Candidates and the local media are fixated on “driving records” and how “candidates payed off their mistresses” ,we have decided to outline the issues for the New Jersey Governors Race and perhaps by November someone; local media or Candidate may make some kind of an effort to address them.
the Ridgewood Blog
New Jersey Governors Race : Terrible State Business Climate
ISSUE # 2 Raising Forclosure Risk
N.J. foreclosure risk rose in Aug.
Thursday, September 10, 2009
BY KATHLEEN LYNN
The Record
STAFF WRITER
https://www.northjersey.com/news/58358012.html
The number of New Jersey households at risk of losing their homes rose last month, according to RealtyTrac, a California company that tracks the foreclosure market.
Foreclosure filings in New Jersey jumped 28 percent in August, compared with a year earlier, RealtyTrac said Wednesday. One in every 421 households in the state faced some sort of foreclosure filing during the month, ranging from a bank notice that they’re late on mortgage payments all the way up to sale at sheriff’s auction.
Earlier this year, foreclosure filings had slowed in New Jersey, apparently in response to state programs aimed at helping troubled homeowners. But it now appears that many of those efforts only delayed the foreclosures, rather than solve the underlying problems.
https://www.northjersey.com/news/58358012.html
