Solving the Foreclosure Crisis with the American Spirit

Over the past decade, we have seen a number of initiatives to solve social and economic problems. In order to truly solve the foreclosure crisis it is necessary to revitalize the American spirit. Society as a whole has problems in every era and decade. Social problems such as the world war in the 1940s, the Cold War of the 1950s, the protest of the 1960s and the decade of civil rights, the energy crisis of the 1970s, and the AIDS of the 1980s. What we really need is to restore true American pride - baseball, hot dog, apple pie, Chevrolet.

The problem of solving the foreclosure crisis first raised the question "Is there really a foreclosure crisis?" The crisis is indeed in danger, but it is not caused by foreclosure of mortgage loans. . Foreclosure is a mechanism to deal with obligations people can not borrow. The potential impact of housing foreclosure (slowing down by the "affordable family plan" of the Obama administration) is actually a market, not a debt but a crisis. The history of the world economy has experienced sovereign debt crises such as Latin America in the 1980s, Russia in the latter half of the 1990s, and Argentina in the early '00s. The debt crisis in Europe is the most important thing in the business world since 2010.

Six years have passed since the foreclosure crisis occurred, and technical termination and recovery period of the economic recession began in five years. The nationwide foreclosure crisis has been relaxed. However, in Maryland, foreclosure recently recorded the highest value, Maryland ranked 16th in foreclosure, but by 2013 the state rose to 3rd place nationwide. The number of applications has surprisingly increased 250% between 2014 and 2014, and the foreclosure rate of Prince George County has increased by 50% this year.