Bank Repossession News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We will be dealing with those mostly cloudy skies, through most of the day, so, if you are hoping for sunshine this afternoon, hopefully you got your fill yesterday. Not going to be too much of it later on today. Our Neighborhood Network, trying to take a look whats going on in margate this morning, still dark out there. As the sun comes up, actually notice the surface of kick up little bit because we are tracking jose. Right now about 200 or so miles off the coast of North Carolina, and the effect of it , though, have been being saute cross new jersey back down toward the delaware shore point...

Is just the tip of the iceberg? >> it is the tip of iceberg. it will not be as bad as the initial flood of foreclosures we saw when housing crisis began in 2008. we'll not get back to those levels. here's the thing. many homeowners will get a foreclosure filing. that is notice of default, auction sale or bank repossession. any of the homeowners probably not going to be surprised that they're going to be losing their homes. look unemployment plo, bill, has stayed high for the last year. unemployment is still incredibly high levels. if you don't have a job you can't pay your mortgage. many inves...