Posts Tagged Banks

Banks Starting to Walk Away on Foreclosures

on April 7, 2010 by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off

Banks are quietly declining to take possession of properties at the end of the foreclosure process because the cost of the ordeal exceeds the value of the real estate. Read […]

Banking Plan Propels Wall St. to Best Day in Months

on by up in Credit, Foreclosures, Home Buying, Home Selling, Loans, Comments Off

Details of the government’s plan to fix problems at the country’s banks brought a glimmer of hope for a recovery to Wall Street.
Read full story: NYT > Foreclosures