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even builders are in foreclosure

By
Mortgage and Lending with kandola mortgage services

 

Pulte tries foreclosure strategy to save development !

 

  Even buiders are foreclosing to save some money !  Oh my God, what the heck..  This is a complete

highway robberry, this folks are making billions & billions of dollar a yeat.  I guess they won't mind

doing it, because some of folks in sub prime category are doing it too !  This is really an interesting news,

you have a fortune 150 filing a foreclosure, to save some money.  But that is a smart move for the company,

to even make share holders happy, in this kind of market.

http://sanjose.bizjournals.com/sanjose/othercities/boston/stories/2007/02/26/story7.html?b=1172466000%5E1421944

 

Scott Gormley
Oak Valley Mortgage-California Home Loans and Refinancing - Chico, CA

There's some really interesting stuff going on in California! It should be interesting to see how everything plays out Raman...

Scott

Mar 11, 2007 10:55 PM