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Wednesday, October 21, 2009

Foreclosures Are More Profitable Than Loan Modifications, According To New Report

That's funny cuz they are not paying community assessments while they are in control of the property and most in not all of the condo, townhouse and hoa communities have plenty of foreclosed homes and they are running negative budgets and face huge special assessments and possibly bankruptcy in some cases

btw expect no help from the GOV or agencies like FANNIE, HUD, or the VA they are paying either and even raised the delinquency rates to 15 percent cuz they don't want too.

Read the Article at HuffingtonPost

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