When 8850 Form Payable 2016-2023

So here we are the mortgage foreclosure crisis that's where public exposure is investigating and what we've done is we've gone out and we found an expert in to how to recover from the financial revival group Howard Bono welcome to the show thanks Stan Howard the financial foreclosure crisis we're going to show up on the screen you know a picture that so many people have probably have seen which is the side of a house which is helpful closure what does the financial revival group do when our job is to do is to educate people that are upside down in their homes latest statistics have shown about twenty-five percent of the people that have a mortgage on their house currently are upside down in their house twenty-five percent one and four one in four that's the the public statistic if you go to Detroit it's sixty percent yeah so I mean it varies from different parts of the country locally here about one out of four and so I think that's statistic actually that's amazing ago that's amazing because I live in Seattle and one in four houses as I go down the street or probably underwater those are the ones with a mortgage on so there are about 70 million homes in the country and about a third of those interestingly enough are owned outright yeah yeah so so it's one out of four locally here and what we're dealing with a situation that we as adults never thought we were going to get into and so now we've got this whole huge huge group of people rapidly growing group of people that really don't know what to do well let's talk about some of the individual issues then that they're going to have to deal...