Tag: CoreLogic

Obama Told Bankers Today Its OK To Foreclose On American Citizens Who Bailed You Out

MIAMI — Officially, there are 3.5 million homes for sale nationwide. But there are millions more lurking in the shadows — hidden neatly away on banks’ balance sheets, stalled in foreclosure court proceedings or simply occupied by nonpaying owners as lenders wait months or years before taking action. The housing market‘s ballooning shadow inventory —…