Tuesday, May 22, 2012
Massive paperwork error halts foreclosures
Nationwide home foreclosures were up 25 percent last month, with banks taking back the largest number of homes since the mortgage crisis began. But struggling homeowners are getting some unexpected relief due to a massive bureaucratic error by one of the nation’s fourth-larget mortgage lenders: Ally Financial has suspended evictions in 23 states because the [... ]
Read the original post on Yahoo! News Search Results for home foreclosures
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