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Recession is Over? GMAC Mortgage freezing foreclosures!

4,758 views · Published 21 September 2010 · 6:46 · Indexed 6 November 2026

Channel: DEMCAD · 2010 · News & Politics

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Video commentary about the latest news including the NBER declaring the end of the recession, the U.S. becoming less appealing to investors, GMAC Mortgage freezing foreclosures and rising unemployment for 55 over workers. Will older unemployed workers ever work again?

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Jim Rickards: The Dollar is Collapsing
http://demcad.blogspot.com/2010/09/jim-rickards-dollar-will-collapse.html

Recession ended in June 2009: NBER
http://news.yahoo.com/s/nm/20100920/bs_nm/us_usa_economy_nber#mwpphu-container

Revise
http://www.housingwire.com/2010/09/20/nber-recession-officially-ended-in-june-2009

Census: Recession put 1 in 7 Americans in poverty
http://www.philly.com/dailynews/national/20100917_Census__Recession_put_1_in_7_Americans_in_poverty.html#ixzz105Zwv3wW 
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Ally's GMAC Mortgage Halts Home Foreclosures in 23 States
http://www.bloomberg.com/news/2010-09-20/gmac-mortgage-halts-home-foreclosures-in-23-states-including-florida-n-y-.html

Nevada unemployment rises to all-time high 14.4 percent  
http://www.lvrj.com/business/nevada-s-unemployment-rises-climbs-to-14-4-percent-103275189.html

For the Unemployed Over 50, Fears of Never Working Again
http://finance.yahoo.com/focus-retirement/article/110742/for-the-unemployed-over-50-fears-of-never-working-again?mod=fidelity-changingjobs&cat=fidelity_2010_changing_jobs

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