The big jump indicates that many foreclosures that were in process in 2009 are now beginning to move to repossession and, eventually, auction. With more than four million homes in that pipeline, the foreclosure crisis shows no sign of abating. “There is an emerging consensus among financial experts and policy makers that the key to […]

Tags: Auction, Peter Goodman, principal reduction, RealtyTrac, repossession
Posted in bubble, Corruption, Eviction |