Friday 24th of May 2013
|Flood of foreclosures to hit the housing market|
Les Christie writes at CNN Money from New York April 13:
The golden age for foreclosure squatters may soon be coming to an end now that the $26 billion mortgage settlement has been approved.
The settlement, agreed to by the nation's five largest mortgage lenders, is expected to speed up the foreclosure process by providing stricter guidelines for the banks to follow when repossessing homes.
Read more here.
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