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Message Subject Banks foreclosing on churches in record numbers
Poster Handle humanitech
Post Content
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

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

Not good at all
 Quoting: USMC0369


Wow... there are some positives silver linings to these artificial recessions after all.LOL
 
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