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WCRW Meeting 1/08: “Foreclosure Crisis: Homeowners vs. Banks”

2011 January 2
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by WCR President Linda Stanton

The countries financial foundation is under attack, beleaguered by unprecedented numbers of foreclosures, delinquency’s, bankruptcies, walk-aways, as well as historic levels of unsecured consumer debt.

Coupled with the erosion of home equity through plummeting home values, a recessionary job market, unparalleled numbers of adjusting mortgages, a sharp decline in the stock market and weakness in the dollar, you have a swift series of interrelated disturbances that cause lasting damage…

A Perfect Storm in which individual families are left unprotected and facing financial ruin.

Join WCRW as we welcome guest speaker Craig Nester, host of the Minnesota Real Estate Show on KTLK and member of Minnesota’s Home Rescue Team as we discuss foreclosures, the failing banking system and the difficult decisions that families are being forced to make.

Saturday, January 8th at 9:00am

Lake Elmo Inn

3442 Lake Elmo Ave. N.

Lake Elmo, MN

$15 for members, $20 for non-members – includes a fantastic breakfast

YOU MUST RSVP to the meeting by Thursday, January 6th so that we can have an accurate breakfast count! Please RSVP to Vice President Heidi Schumacher by phone at (651)739-9053 or e-mail at [email protected].

from → Economy & Free Markets, Events, WCRW Meetings

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