Per my earlier post explaining the growing crisis of vacant homes piling up around the country, here’s one of the best explanations for why we should be alarmed by this problem, courtesy of The Chicago Tribune:
“It’s a concern for the same reason the subprime
I’ve been meaning to talk about this all week, but that pesky little AIG debacle served as quite a distraction. Anyway, as TWI has reported, there are other scandals concerning bank behavior that also are worth examining. And one of the biggest is the way banks handle their More…
The Los Angeles Times takes a close look at a problem TWI detailed Tuesday in a piece about neglected bank-owned property. Some of that property, as we explained, includes half-built housing developments, where construction was halted when the mortgage market went bust. Those developments are called PVC farms, More…
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