With all of the mortgage delinquencies that are occurring, many lenders have been quick to foreclose on properties as an attempt to stem their losses. However, there are also social problems that are causing lenders to allow homeowners in default to stay in their homes until they sell. This is what is happening:
Entries from July 2008
Lender to Delinquent Homeowner: Don’t Leave!
July 31st, 2008 · 1 Comment
Tags: Foreclosure