Banks Walking Away From Foreclosures
For lack of a better word, the foreclosure epidemic is becoming “interesting.”
We’ve always heard of homeowners that walk away. They abandon their home and the bank takes it back.
Now, with so many foreclosures, some banks don’t want the homes back and are not taking them back. Essentially, they are the one’s walking away.
The New York Times has a story with some interesting twists.
Of course, this is not the norm, but I would bet nothing like this happened even three years ago.
Tags: Foreclosure
- About Jesse Barron
- I am an Annapolitan and founder of the Annapolis Anchor. I love Annapolis and am proud to call it home. This great city has a lot to offer, which is why I founded this blog. I appreciate each of our readers and always strive to deliver relevant information in an easily digestible format.
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