Foreclosure Timelines Being Used to Prop-up Housing Market?

Are foreclosure timelines being used to prop up the Housing Market?

For reference: http://investing.bryanellis.com/11020/foreclosure-timelines-continue-to-grow/

Bryan Ellis is a Real Estate Investor (or marketer for the business of Real Estate) so market knowledge is best to understand. In Real Estate there are several key factors any investor and/or home-buyer should know.

1.  Jurisdiction - the legal environment is important. Land values plummet (or extraordinarily discreet causing lower prices or lower transaction volume) with riots and other weird or dysfunctional government types relative to the utility of the buyers at hand.

2. Labor training resources - schools, education, and management at companies must be able to teach and bring skills to the masses so that home-owners can afford their houses at hand (or lending base for the bank to lend to.)

3. Trusting bureaucratic infrastructure -  it has been said that 90% of the law is ownership, and that is true (the problem is why and what is the other 10%.) Without a trust built into the community that one's land and property rights are safe and stable, where would the law, let alone the property rights and physical safety and structure exist, to maintain the intrinsic value that owners placed onto the property? (Intrinsic value does not equal the monetary value, just the utility of the user. The monetary value contains the value derived from utility.) That trust is guaranteed only on the values that maintain the ideas and ideal that the voting community at large wish to instill into the governing bloc (politicans) who will write, interpret, and execute the law or judgement at hand. (Judgement is still not love, but is the next best thing rather than anarchy where value is interpreted to the labor and not peace of love.)

Especially with point number 3 above, it can be said that if banks are having a hard time processing foreclosures it could be for three reasons:
1. labor versus time and resources to process them
2. residents and/or owners from the property did not respond to the foreclosure notices and the banks or foreclosure processors must follow the law to complete the foreclosure process. In other words, the banks are not completely at fault, the borrowers must follow though with communication.
3. Banks usually have real estate investors and/or relators be able to process or take advantage of the foreclosure process by finishing the paperwork contracts. if there is a shortage of labor at this end of the paper/legal chain, money can be made there by being a 3rd party interloper (Just like commercial real estate, except this is in the residential sector and trapped in banks as zombie foreclosure status.)

My conclusion is that many bankers have been playing the real estate game for years. Real Estate is a traditional asset that has been a 'cornerstone' (yes, pun intended) for many generations; we are talking for 100's of years. When the Real Estate bubble (macro/multi-generational) pops, it will be bigger than the great depression and may cause a wave of impoverishment across many modern economies. In fact, is not that why the reason for the rise in precious metals gold, silver, platinum, etc...? I bet it is part of the reason as portfolio diversification is necessary for any related money strategy. However, at this level it is not about money (after all it is just paper.) The real strategy is portfolio diversification and how to survive and thrive after a post apocalyptic doom money bomb implodes on the world's stage where liabilities become so great, no one or any organization (including governments) have the ability to pay the bill, pass the buck, or have it backed by a new liability sheet.) [As a side note: in fact if I was coming to earth from an extraterrestrial force, fiat currency would be a fantastic weapon. I would fool the people that they are wealthy.] The true asset that can diversify any portfolio is the skill of labor in discrete resourcefulness and skills to harvest from the greatest mother we all know: earth.

This leads to my second conclusion that the banksters who have been using fiat currency as a way to control the masses; have been creating so many hurdles to foreclosure as a way to steal the wealth from the laborer on main street. What better way as to create zombie banks with zombie debts that have nothing by zombie houses sitting empty and ripe for copper theft (electrical wiring), junkie huts, and other crimes that are too numerous to list with real estate enforcement. (One way to avoid this is to ensure that the local trustworthy sheriff is stupid or is in on the scam of real estate investment (there is another posting on why real estate is a scam.)) From these zombie houses would then come such a massive flood of inventory of real estate at once that when land values plummet, anyone with too much debt as a percentage of debt per value on real estate becomes a live long slave of the system as what their parents were born in, who probably did not want enslavement for their children in the first place.

Another plan would be for the banksters and political forces to make a special class of investor to take these real estate zombie foreclosure properties and have them on the rental market as properties if banks (or lending facility) are not hiring or adequately renegotiating the loans to fully enrapture payoff even if the interest rate is negative and/or lower than what the mortgage investor initially wanted it to be. The lender's risk is always the quality, quantity, and trusting bureaucratic infrastructure of labor supply and demand in the marketplace. If this cannot be satisfied, then the lender has automatically taken the risk and must demand political and/or business infrastructure to work harder (or imaginative) to reduce market risk at hand to their own portfolio and/or corporate entity (if not, then they risk the loss of their job or rights as a portfolio manager (as a type of employment or working for a fund, not personal portfolio) due to lack of due diligence in management and other fraud and/or proper asset-liability management techniques related to 'the political classes.') Nevertheless, one must question the motive of why banks have such large lags in foreclosures and we must ask how much due diligence is offered in every transaction (pooled mortgages or traditional funding.)

Overall, wealth always came from the land as worked via agriculture, metals, and/or minerals. Until we reach those morals as daily chores to maximize energy collection from the land or at least be stewards of nature as nurture for the land's ecosystem; balance will not come to any society. Land itself is the platform of life that beholds all things. This includes the land we have already built upon and must be taken for what it is and transformed into useful products and abundance for all. Without such leadership and foresight to maintain the land and transform it into something productive, we all become slaves to the ideas that eventually become over used and exhaust the resources that God, Earth, and Nature has bestowed upon us.