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CFPB Putting an End to the Growing Trend of Zombie. – Zombie foreclosures are still trending, since the start of the housing crisis. There is an estimate of two million properties foreclosed that have still not yet recovered according to various sources. The consumer financial protection bureau (CFPB) now has plans to try and stop this growing trend as announced in a Common Ground Conference.

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CFPB Targeting Zombie Foreclosures – synergypartners.com – The Consumer Financial Protection Bureau is probing "zombie" foreclosures, a phenomenon first revealed by Reuters last year, Michelle Conlin reports. Thousands of borrowers across the country were the unwitting owners of zombie homes. Many were on the hook for thousands of dollars of mortgage debt, code violations and municipal services like water and trash.

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Zombie Foreclosures | Nolo – Zombie foreclosures also harm neighborhoods. When properties are vacant and show obvious signs of neglect, it can drag down the value of the entire neighborhood. These unattended homes are also susceptible to vandalism, squatters, and crime. Zombie Foreclosures in Wisconsin. In the case of The Bank of New York Mellon v.

American Banker: CFPB Takes Aim at Zombie Foreclosures. – American Banker: CFPB Takes Aim at Zombie Foreclosures.. "The CFPB is beginning to look very closely at abandoned properties and zombie foreclosures," Maggiano said Tuesday at a conference sponsored by the Federal Reserve Bank of Cleveland.

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CFPB targets "zombie" foreclosures after Reuters report –  · The CFPB also said that it has joined a task force, led by several industries, to identify the hundreds of thousands of homes that have become zombie foreclosures. Zombie foreclosures usually.

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CFPB Hunting Zombie Foreclosures – fnlawfirm.com – The Consumer Financial Protection Bureau has turned its attention to "zombie" foreclosures, as reported by Reuters. A zombie foreclosure occurs when a bank begins a foreclosure, but then abandons the process without informing the homeowner. In most cases the zombie foreclosure is stopped by the bank after the homeowner has moved out of the.

CFPB Hunting Zombie Foreclosures | Haines & Krieger – CFPB Hunting Zombie Foreclosures The Consumer Financial Protection Bureau has turned its attention to “zombie” foreclosures, as reported by Reuters. A zombie foreclosure occurs when a bank begins a foreclosure, but then abandons the process without informing the homeowner.