The appearance of zombie homes and the destruction of hundreds of thousands of them thus destroying entire neighborhoods and subdivisions illustrates a fundamental truth about the foreclosure tidal wave that hit in 2007-2008: the banks didn’t care about the property, they just wanted the record to reflect a foreclosure sale. This alone represents probative evidence …
Why Zombie Houses? Local government budget deficits Read More »
http://www.miaminewtimes.com/news/fiu-grads-eerie-photos-explore-homes-abandoned-in-the-housing-crisis-8735937 Five years ago, as a journalism student at Florida International University, Nicole Taylor-Lang began thinking of ways to flesh out her photography portfolio. She didn’t have to look far: Only a block from her Greenacres home in Palm Beach County, she found the first subject of what would become a years-long passion project. It was a …
Eerie Photos Explore Homes Abandoned in the Housing Crisis Read More »
The borrowers are for the most part willing to straighten this mess out if approached with fair terms that reinstate their credit and reinstate or create loans that are free from the myriad of defects in the falsely claimed securitization chains. The intermediate banks don’t want that because they would be facing liability for trillions …
