Sign in or signup

5,321 active users!!Bandwidth
WEDNESDAY
AUG 16, 2017
Home
NewsSITE
Events & Blogs
New Audio & Video
Broadcasters
Local & Church Finder
Live Webcasts
Sermons by Bible
Sermons by Topic
Sermons by Speaker
Sermons by Date
Staff Picks
CommentsALL -27 min
Top Sermons
VideosPDFs
Daily Log
Photos
StoresNew Stuff!
Online Bible
Hymnal
Daily Reading
Our Services
Submit Sermon
Members Only

Breaking News Home | All | Religion | Society | Tech | Choice | Fridays | SA Newsroom
FRONT PAGE  |  8/16/2017
FRIDAY, MAR 9, 2012  |  3 comments
Banks foreclosing on churches in record numbers
Contributor:
(Reuters) - Banks are foreclosing on America's churches in record numbers as lenders increasingly lose patience with religious facilities that have defaulted on their mortgages, according to new data.

The surge in church foreclosures represents a new wave of distressed property seizures triggered by the 2008 financial crash, analysts say, with many banks no longer willing to grant struggling religious organizations forbearance.

Since 2010, 270 churches have been sold after defaulting on their loans, with 90 percent of those sales coming after a lender-triggered foreclosure, according to the real estate information company CoStar Group.

In 2011, 138 churches were sold by banks, an annual record, with no sign that these religious foreclosures are abating, according to CoStar. That compares to just 24 sales in 2008 and only a handful in the decade before. ...


CLICK HERE to Read Entire Article
www.reuters.com

Response to economic crisis?
  START  
  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
•  Marx • Dr. R. C. Sproul | 2/21/2009
•  The Rich Fool • Pastor John MacArthur | 4/23/2010

   03/14/15  |  Another One Bites the Dust • 3 comments
   03/11/15  |  God Doesn't Want Matt Chandler to be Your Pastor • 21 comments
   01/08/14  |  Christian Post: Warning, this article may offend many Christians • 93 comments
   01/01/14  |  Michelle Obama praises lesbian TV anchor • 18 comments
   12/29/13  |  U.S. Slams 'Conservative Gender Norms' • 377 comments
MORE RELATED ( ) NEWS | MORE..
   08/15/17  |  Trump quietly putting his stamp on the courts • 2 comments
   08/15/17  |  Franklin Graham Defends Trump, Blames Satan for Charlottesville... • 16 comments
   08/13/17  |  Trump slows federal regs to a crawl in first six months • 5 comments
   08/13/17  |  Fired Google engineer: Company is 'like a cult' • 10 comments
   08/12/17  |  Australians to vote on same-sex marriage • 6 comments
OTHER CHOICE NEWS | MORE..
   08/11/17  |  Feedback Friday for 08-11-17
   08/07/17  |  SermonAudio Tip: Automated Sermon Uploads From Existing Feeds • 2 comments
   08/04/17  |  Feedback Friday for 08-04-17
   07/28/17  |  Feedback Friday for 07-28-17
   07/21/17  |  Feedback Friday for 07-21-17
MORE SPECIAL | MORE..
COMMENTS | show all | add new  
    Sorting Order:  
· Page 1 ·  Found: 3 user comment(s)
News Item3/11/12 7:21 PM
Anita | Barbados  Contact via emailFind all comments by Anita
Churches who put themselves into to so much debt should be foreclosed. Many of these pastors want too much outward appearance. I doubt if the early new testament church would have this problem. The modern church has strayed from its biblical mandate and that is to preach the gospel. Having big buildings is not what Christ intended. The word church is Greek which means a group of called out people. It is very disgraceful. Perhaps people need to live simpler.
3

News Item3/10/12 3:13 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Luke 14
28 "For which one of you, when he wants to build a tower, does not first sit down and calculate the cost, to see if he has enough to complete it?
29 "Otherwise, when he has laid a foundation, and is not able to finish, all who observe it begin to ridicule him,
30 saying, 'This man began to build and was not able to finish.'---NASB

I think the above covers something about the lack of preparation that some of these churches are guilty of.

2

News Item3/9/12 3:13 PM
Salter  Find all comments by Salter
"Banks are foreclosing on America's churches in record numbers as lenders increasingly lose patience with religious facilities that have defaulted"

Mammon and Satan winning again?

Or is the Lord getting rid of a few false witnesses?

1
There are a total of 3 user comments displayed | add new comment |Subscribe to these comments
Last PostTotal
Trump on Charlottesville brawls: 'There is no place for this...
jim lincoln from nebraska: "i see the governor of maryland was just doing what..."
-12 min 63 
Franklin Graham Defends Trump, Blames Satan for...
ignominious emirakan from weevils: " ivan karamazov @ignominous- where do you get..."
-22 min 16 
Study: Terrorists Do Understand Islam
jim lincoln from nebraska: " john yurich usa why do liberals state that islam has..."
-32 min 10 


Bill Parker
Bearing the Name of Jacob

Hebrews 11
Sunday Service
Eager Avenue Grace Church
Play! | MP4 | RSS


Hourly:
Go Forward (II)
Dr. Ian R. K. Paisley
Sermons of Dr. Ian Paisley
Staff Picks..

Dr. Peter Masters
The Invisible War

Sunday Evangelistic Message
Metropolitan Tabernacle
Video!Play! | MP4

Sermon:
No Little Women
Aimee Byrd

SPONSOR | 1,500+

SPONSOR




                   
Christ came to bind up the heart; He came to break it too. ... Thomas Hooker

Gospel of John
Cities | Local | Personal


MOBILE
iPhone + iPad New!
Church App
Android New!
Church App
Kindle + Nook
Chromecast TV
Apple TV
ROKU TV
Amazon Fire TV New!
Apple Watch
Android Wear
Kindle Reader


HELP
Knowledgebase
Broadcasters
Listeners
Q&A
Uploading Sermons
Uploading Videos
Webcasting
Tips & Tricks
YouTube Screencasts

FOLLOW
Weekly Newsletter
Staff Picks Feed
SA Newsroom
RSS | Twitter | Facebook
SERVICES | ALL
Church Finder | Info
MP3 Play & Download
Mobile Apps
Podcast | Video Support
Live Webcasting
Events Support
Transcription
PowerClips New!
Business Cards New!
SOLO | MINI | Domain
Favorites | QR Codes
Online Donations
24x7 Radio Stream
INTEGRATION
Embed Codes
Goodies
WordPress
Twitter
Facebook
Logos | e-Sword | BW
JSON API

BATCH
Transfer Agent
Protected Podcasts
Auto-Upload Sermons
Upload via FTP
Upload via Dropbox
Picasa
ABOUT US
The largest and most trusted library of audio sermons from conservative churches and ministries worldwide.

Our Services | Articles of Faith
Broadcast With Us
Advertising | Local Ads
CONTACT
info@sermonaudio.com
Support Us | Feedback Fridays | Stories