SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 408.23+2.3%Dec 22 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (70940)2/21/2011 2:12:45 AM
From: Ilaine3 Recommendations  Read Replies (2) of 218673
 
I have been told that Bank of America is starting the foreclosure process again after many months of voluntary moratorium. But still have many, many clients who have been expecting foreclosures for many, many months with nothing happening. Not just Bank of America.

I think the banks just cannot afford to foreclose. They, too, are hoping for the housing market to improve. I just don't see that happening soon.

We refinanced last year at 4%. I think that's as low as we will ever see again.

Bankruptcies don't seem to be slowing down.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News