Church Mortgages and Foreclosure -- Sightings
The recent period of financial distress, which has led to increased unemployment and home-foreclosures. People lost jobs and couldn't pay mortgages on homes, they probably couldn't afford in the first place, which led to an ongoing cycle of woe. Well, it appears that churches have been caught up in the cycle -- many of these churches, both large and small, bit off more than they could chew and now can't pay the bills. Is the end near? We live by faith, but Jesus also reminds us that a builder will count the cost first. We passed our budget yesterday, knowing that we'll have to tap our nest egg. We're fortunate -- no mortgage and a nice cushion -- but for many this is not true. Martin Marty speaks to this crisis in his own inimitable way!!
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Sightings 1/31/2011
Church Mortgages and Foreclosures -- Martin E. Marty
“Churches Find End Is Nigh” is the kind of headline which should produce ennui. One expects to read under it of the 1900th ann…
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Sightings 1/31/2011
Church Mortgages and Foreclosures -- Martin E. Marty
“Churches Find End Is Nigh” is the kind of headline which should produce ennui. One expects to read under it of the 1900th ann…