Biondi On Jump In Foreclosure Filings: Corzine Out Of Touch With Middle Class

Trenton, NJ – September 9, 2009 – (RealEstateRama) — Assembly Republican Conference Leader Pete Biondi issued the following statement in response to a Star Ledger report today that residential foreclosure complaints in New Jersey increased 43 percent in July over the same month last year:

“A 43 percent jump in the state’s foreclosure rate is astronomical. In fact, it’s heartbreaking, because that means there are far too many of our families who have or are in the process of losing their homes. In some of our counties, including Somerset, filings are up 50 percent. How much more suffering and pain must our middle class families endure before Governor Corzine takes action?

“For nearly four years, the governor and his Democrat allies have turned a deaf ear to the plight of our homeowners. When he and his administration should have been implementing responsible fiscal policies to stimulate our economy, they instead eliminated property tax relief for 1.2 million households and buried residents in another $1.8 billion in taxes.

“To say Governor Corzine is out of touch with our middle class families is a tremendous understatement. He is absolutely oblivious to their struggles. Our residents are losing their homes and their jobs and the only solution he has offered for four years is more taxes. Governor Corzine will forever be known as the ‘tax man.’”