Will Anti-Lender Rulings Spur More Foreclosure Walk-Aways? – eCreditDaily.com
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Will Anti-Lender Rulings Spur More Foreclosure Walk-Aways?
eCreditDaily.com Two different trends that are on the upswing in the foreclosure process nationwide could prolong, or even intensify, the unabated crisis in months to come. … Human touch key to stemming foreclosures |
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Foreclosed Homes being Vandalized by Former Homeowners
by Tony on December 27, 2009
Rather Unfortunate, but it seems the Foreclosure Firestorm will only increase and compound itself throughout the summer. The Alt-A loans will be resetting also, so a large bulk of soon to be former homeowners will find themselves in Negative Equity in relationship to Loan to Value. An estimated 2.4 million homeowners will lose their homes, multiplied by spouse and kids, truly an exodus that would put the Israelites to shame in number.
Tagged as: bubble, Commentary&Analysis, estate, Firestorm, foreclosure, Las, real, Vegas
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