The Home Equity Theft Reporter: Foreclosure Environment “A Total Mess” As Loan Servicers Fail To Address Allegations Of Sloppiness, Fraud Foreclosure Environment "A Total Mess" As Loan Servicers Fail To Address Allegations Of Sloppiness, Fraud Bankrate.com reports: Revelations of bank errors and allegations of fraud have created a "total mess" surrounding today’s foreclosures, says Walter Dees, a housing counselor for ClearPoint Credit Counseling Solutions in Los Angeles.
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This can lead to a large financial loss. florida real estate prices dropped an average of 60% during the last recession. Yes, the person who bought a $340,000 home purchased just before the last downturn, ended up with an "investment" that was worth only roughly $136,000 afterwords.
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WASHINGTON — The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or
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A) No, In My Opinion It is Not a Good Time to Buy a Home in Florida. Why? It’s still a seller’s market, so buyers are paying more than they need to. Prices won’t be going much higher, much longer, so if you can wait you will be better off. Florida homes will be selling at a huge discount again in the not too distant future.