Article Image
News Link • Housing

Foreclosure-Gate: Foreclosure Activity Plunges By Record Amount

• ZeroHedge.com
 
“While part of the decrease can be attributed to a seasonal drop of 7 to 10 percent that typically occurs in November, fallout from the foreclosure robo-signing controversy forced lenders and servicers to hit the pause button on many foreclosures while they scrambled to revamp their internal procedures and revise or resubmit questionable paperwork.” It's a good thing then that our very own, and very corrupt, attorneys general are about to announce a major settlement that will wipe the slate clean and allow the conveyor to crank out 1000 foreclosures a day once again... And all manner of thing shall be well.

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Free Talk Live