Anonymous Coward User ID: 5769488 United States 02/10/2012 01:10 AM Report Abusive Post Report Copyright Violation | So It Begins! Foreclosure Deal to Spur U.S. Home Seizures!! The $25 billion settlement with banks over foreclosure abuses may result in a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely. Lenders slowed the pace of foreclosures as they negotiated with attorneys general in all 50 states for more than a year over allegations of faulty and fraudulent paperwork used to repossess homes. With yesterday’s agreement, banks are likely to resume property seizures. [ link to www.bloomberg.com] |
Paradox0910
User ID: 4885960 Canada 02/10/2012 01:19 AM Report Abusive Post Report Copyright Violation | Re: So It Begins! Foreclosure Deal to Spur U.S. Home Seizures!! All your house are belong to us. The only thing I hate more than you, is myself. |