Drop in Foreclosures Called ‘Very Scary’

October 19, 2009 by admin 

Lenders’ actions show they think properties are not worth pursuing.

Nobody is sure exactly how many bank walkaways are occurring. For various reasons, they can’t be identified in searches of public real estate and court data without individually pulling case files, experts say.

But nobody questions that they are on the increase. Read more about lenders walking away

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