For More Information and assistance please call 954-495-9867 or 520-405-1688 ———————————— No reasonable person would abandon this many homes after taking the trouble to foreclose on them. There is an obvious preference for foreclosure over workouts, modifications, short sales, resales, and other tools. This shows clearly that loss mitigation is not one of the factors […]

Tags: ABANDONMENT, foreclosure fraud, fraudulent loans, investors, local government, modifications, REMIC, WORKOUTS
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When foreclosures rise, crime often follows, researchers said. A 2005 study by the Georgia Institute of Technology and the Woodstock Institute found that, holding other factors constant, each foreclosure in a 100-house neighborhood corresponded to a 2.4 percent jump in violent crime. ONE IS LED TO WONDER WHEN THE BIG BOYS ARE GOING TO REALIZE THAT FORECLOSURE […]

Tags: ABANDONMENT, CRIME, foreclosures, housing
Posted in bubble, Eviction |