Distressed Homes In U.S. Sell At 32%-41% Discount

| December 2, 2010

The other shoe is dropping in real estate.  The banks have a lot of inventory to sell, so this will take a while!  Sales of existing homes, which make up more than 90 percent of the market, declined more than forecast in October amid the foreclosure moratoriums and the absence of the tax credit of as […]

Would You Trust The Big Banks?

| October 13, 2010

It would appear that the bankers do their thinking with prehistoric dinosaur brains.   In depositions released Tuesday, many of the workers testified that they barely knew what a mortgage was. Some couldn’t define the word “affidavit.” Others didn’t know what a complaint was, or even what was meant by personal property.  In an effort to […]

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