Calling GOP Congressmen: Foreclosures in NJ By House District

by: bytheshore73

Tue Mar 03, 2009 at 07:48:16 AM EST

Heads-up: NJ-03 is the congressional district with 13th most foreclosures in the nation, NJ-01 is right behind at 14th, and NJ-2 clocks in at 44th. - - promoted by Rosi

In the midst of an economic crisis, many families are facing layoffs, credit problems, and an inability to make ends meet. Still more families, a massive number, face foreclosures that threaten to turn them out on the street.

If you're a responsible governing party, you would have legislation to help families, and the Obama administration and House Dems have put forward HR 1106, the Helping Families Save Their Homes Act. This mortgage relief bill will provide desperately needed aid to families facing foreclosure, but you'd be kidding yourself if you thought the party of No would get behind such a proposal. With the House expected to vote on this bill in the next week, it's sobering to look at foreclosure estimates by congressional district from the Center for Responsible Lending:

District Projected Foreclosures ('09) Projected Foreclosures ('09-'12) # Homes Saved by HR 1106

NJ-01 10,658 35,483 3,505

NJ-02 8,922 29,706 2,934

NJ-03 10,797 35,948 3,550

NJ-04 8,346 27,786 2,744

NJ-05 7,331 24,408 2,411

NJ-06 6,560 21,840 2,157

NJ-07 5,750 19,145 1,891

NJ-08 5,075 16,898 1,669

NJ-09 4,938 16,441 1,624

NJ-10 4,835 16,097 1,590

NJ-11 5,986 19,930 1,968
NJ-12 5,768 19,205 1,897

NJ-13 2,360 7,859 776

Three New Jersey districts are in the top 50 district nationally for 2009 foreclosures: NJ-03 has the 13th most, NJ-01 the 14th most, and NJ-02 the 44th most. What's more, the 2009-2012 numbers project an even bleaker future. This mortgage relief bill is badly needed.

So the question arises: Will NJ Republicans vote for a mortgage relief bill to help thousands of families struggling in their districts? Or will they continue to kowtow to Rush Limbaugh and sell out their voters? Time will tell, but don't count me among the optimists.

bytheshore73 :: Calling GOP Congressmen: Foreclosures in NJ By House District

Tags: Leonard Lance, Frank LoBiondo, Rodney Frelinghuysen, Scott Garrett, Chris Smith, (All Tags)

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Calling GOP Congressmen: Foreclosures in NJ By House District | 2 comments

Well, we know what Ernie will do. (0.00 / 0)

We're getting killed out here, economically. Ernie is worried thas some rich SOB in another state might have a higher marginal tax rate.

Which says loads about Ernie's priorities.

Gawd, we have to shoot that boy out of a cannon.

The nom de plume has a long and distinguished history.

by: Tandalayo Scheisskopf @ Wed Mar 04, 2009 at 03:18:13 AM UTC

Paris (0.00 / 0)

Today was rice day, fifty-pound sacks of white rice in trucks bearing an elephant logo. The same happy elephant appeared on the bags, its head raised to the sky, the trunk curved like an S.
"Elephant," Todd said.
He said it because a laborer was staring at it intently. Which meant he wasn't working.
"That's right," the man said. "I couldn't remember the word."
He was the only other human at the loading dock this morning. The man didn't have a name, just a number, like the rest of the robots. Paris, at Night.

by: Gannon @ Tue Mar 10, 2009 at 10:17:47 AM UTC