Saturday, October 16, 2010

Bank Foreclosure Fiasco: Short Sales Are Much More Complicated Now | U.S. Financial Post

Bank Foreclosure Fiasco: Short Sales Are Much More Complicated Now | U.S. Financial Post: "When Will the Short Sales Resume
The Moratorium will buy people in foreclosure proceedings a few extra months in their home. The investigations will not stop short sales altogether, but it could put the banking industry in a financial bind until the investigations clear. Most people whose homes in foreclosure will not find permanent reprieve from the foreclosure. Even if the state governments find the procedures were not properly followed, it will not stop many people from losing their homes. Many people are actually behind on their homes and cannot start making payments gain to catch up on their late payments."

1 comment:

leslie said...

SUBJECT: GOLDMAN SACHS LOAN EMBEZZLEMENT SCHEME
In May 2005 we deposited and invested $200,000 in Real Property, where we recently found out that $118,800 was embezzled out of our property from Mortgage Lenders and Trust Brokerage Companies, namely Goldman Sachs through an escrow Transaction. The $118,800 in funds was paid to these embezzlers from the Investors unbeknownst that the securitization happened by encumbering our property and making up a fraudulent fake Promissory Note and Deed of Trust.

See the link for further information: https://fdaaccount.box.net/shared/a1pjz9sz5c

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