$2.6 Billion in Free Rent According to WSJ
Interesting tidbit from the Wall Street Journal. Defaulters who continue to live in their homes are getting a “subsidy” worth a collective $2.6 billion each month, according to data from LPS Applied Analytics and rent data from the Commerce Department. And the longer...
According to University of Virginia Presenter, Major Banks are 1/4 of the way Through Their Foreclosures
According to HousingWire...At a recent UofV's sponsored event, Managing Director of Institutional Risk Analytics, Christopher Whalen, the nations largest banks have only managed themselves out of 1/4 of "inevitable" foreclosed homes. That fact gives me "goose...
McDummies! Over A Trillion Served…and One Franchise Owner About to Be Served
Just because you have a few million to contribute to a McDonald's franchise doesn't make you a rocket scientist! I mean...c'mon...how stupid do you have to be? This franchise owner actually placed this letter in his employees paychecks. I appreciate the persons...
Wells Fargo Finds Foreclosure Mistakes…Issuing 55,000 "Supplemental Affidavits"…Whatever That Means?
Wells Fargo...shame on you... Foreclosure is a serious process and WF treats it like an assembly line...with Robo signers! What is a "supplemental affidavit" any how? Something one of your "legal" eagles (senator or congressman no doubt) came up with to avoid...
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