Three words: Chain of title.
Understand them and you realize what a fiasco this is.
Unless, of course, you are a lawyer….
By the way, 41 percent of residential sales this year have been on distressed properties.
That number will push to zero in the moratorium, meaning that home sales data for the next 6-12 months is going to be horrific.
Geithner’s Stress Test: Saturday Night Live Strikes Back
The “bad bank” financial crisis rap song
Housing Bubble…What’s the Trouble?
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