Monday, November 2, 2015

OCHN: Lenders cash in on the success of their housing market manipulation

As rising prices restore collateral backing to bad bubble-era loans, lenders ramp up foreclosure proceedings to get their money back.

Starting in early 2009, lenders placed their faith in the success of loan modifications. Lenders define success differently than underwater homeowners...
Lenders cash in on the success of their housing market manipulation

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