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  1. AKguy
    November 14, 2007 @ 11:34 AM

    Yikes. Spring 2008 is
    Yikes. Spring 2008 is looking tough for anyone who’s holding off until then to sell.

    Can the banks sit on that REO inventory, or are they forced to sell? If forced to sell, how long do they have to get it off their books?

    • Anonymous
      January 21, 2011 @ 2:34 PM

      All the rules have changed in
      All the rules have changed in the last couple of months. Lending banks are now being held accountable for the trap they set, borrowing money they didn’t themselves have, while using loose and illegal practices in the process. The massive lawsuit against Wells Fargo / Wachovia, Indymac / OneWest bank, Citibank, Bank of America, JP Morgan Chase, GMAC…………..can actually, not only put a stop to your foreclosure, but also pause your house payments with no loss to you…………

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