A repository for Marcospinelli's comments and essays published at other websites.

Homeowners Get The Boot For Bad Paperwork While Banks Get Millions For Same

Friday, October 29, 2010


That's one way to see it.



Another way is that homes that have been foreclosed on are sitting vacant, not selling, banks are not lowering prices to sell them. The houses are becoming run down, tall weeds, homeless are squatting in them (no electricity, no water), and it's bringing down the values of the homes around them. One burned down in my city recently, because squatters were burning candles, fell asleep and knocked them over.
About Foreclosure Crisis
Read the Article at HuffingtonPost

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