15% drop in Foreclosures 1st quarter 2011

”The banks have not straightened out their own mess yet and are still behind working with a small staff of untrained people who can’t handle the work load”. This is a good possibility because when dealing with short sales this is true in many cases. The right hand does not know what the left hand is doing...."

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Banks and Federal regulators hammer out deal on foreclosure process

"This is a huge step forward. Many people who had lost their homes to foreclosure were surprised because they thought they were in the loan modification process and were not aware that the banks were also foreclosing on them at the same time. This may be hard to believe but it has been happening. This one change...."

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