banks: Are Banks Sabotaging a Market Recovery?
- 07/19/08 06:28 PM
This past week I've had numerous conversations with Real Estate Agents and other professionals that have left my mind spinning. All of these conversations have dealt with banks not holding up their end of the process. Frustrations abound from both consumers and professionals when dealing with banks and loan service companies It occurred to me that the banks are the wrench in the spokes of any kind of recovery. Here are some examples: 1. An REO property that's been on the market for months. There are currently three offers on the property, none of which have been responded to, at least one (53 comments)
This Blog is my voice on the political, financial and social implications of debt. My goal is to encourage my readers to think outside their own personal reality and to challenge the social and political truths we have been taught about money, finance and our "free market" economy.