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Creative Commons License
From Pine View Farm by Frank Bell is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
Based on a work at www.pineviewfarm.net.
From Pine View Farm

Update from the Foreclosure-Based Economy 0

Process servers are doing just fine, thank you.

The number of U.S. homes entering the foreclosure process for the first time increased in May and June, as banks aim to make up for time lost last year when mortgage lenders grappled with allegations that they had processed foreclosures without verifying documents. The nation’s biggest lenders reached a $25 billion settlement in February with state officials. That’s cleared the way for banks to address their backlog of unpaid mortgages. California saw an 18 percent spike last month in foreclosure starts, or homes placed on the foreclosure path for the first time.

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July 26, 2012 | Posted by: Frank | Posted in: Masters of the Universe |

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