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Robo-signing — in which mid-level bank employees signed off on foreclosure documents they hadn’t properly reviewed — was just a symptom of the larger problem of understaffing at the big banks. at.
Quartz is a guide to the new global economy for people excited by change.. Big banks are closing branches and investing in more important real estate-your phone. and major Wall Street.
That means that nearly 87 percent of sales were in cash – and that doesn’t include homes sold in foreclosure auction. That’s where Talmer Bank comes in. “Frankly, we’re very big fans of Mayor [Mike.
foreclosures, the Administration of President Barack Obama has created a unique opportunity to rethink and. the National Alliance to End Homelessness, there has been a major expansion in similar TenYear Plans in localities. Supplemental Document to the Federal Strategic Plan to Prevent and End Homelessness: June 2010.
Predictions 09 – Special Report. 11:28 AM ET Thu, 5 Aug 2010 After a year-long hangover in 2008, the real estate industry is hoping for some strong, black coffee in the new year. 1:51 PM ET Thu, 5 Aug 2010 For several components of the tech sector, Wall Street analysts believe 2009 will be a year of transition.
Strategic defaulters opt to continue paying on second liens Loan Defaults- Getting Rid of Debt when Defaulting on Your. – Defaulting on Your Loans. The consequences of default depend on whether your loan is secured (mortgage or car loan) or unsecured (credit card, student loans or personal loans). In either case, financial experts suggest consumers look at a debt consolidation plan as a way to satisfy creditors and avoid the consequences for default.