nakedempire


The American Empire in a Changing World



Pages

Friday, April 22, 2011

'Banks should pay foreclosure costs'

they should but they wont......from sbsun.com.....

"The foreclosure mess will cost California communities between $600billion and $1trillion in lost property value, almost $4 billion in lost property tax revenue, and over $17billion in local government costs between 2008 and 2012. Mortgage lenders overreached in their desire to sell mortgage loans for over-valued homes. We're all paying the bill. Surely it is not too much to ask that the banks contribute a fair share"........read it here

No comments:

Post a Comment