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Your lender also wants to avoid foreclosure. Why? (1 viewing) (1) Guest
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TOPIC: Your lender also wants to avoid foreclosure. Why?
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allancole (User)
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Your lender also wants to avoid foreclosure. Why? 2 Months, 3 Weeks ago  
The lenders find it difficult in selling off the foreclosed houses. In fact standing on the colossal portfolio of the foreclosed properties, instead of receiving a steady income from the mortgage payments, causes major problems for the lender. The real estate market in Massachusetts is soft, that makes the Massachusetts foreclosure properties even more difficult to sell.
 
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Last Edit: 2010/06/18 04:20 By allancole.
 
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