The Continuing Real Estate Saga ? Center for Christian Business ...

Over the weekend the Star Ledger reported that the new Jersey legislature is looking to pass a law making it easier for banks to foreclose. It seems that while the $25 billion settlement suggests over reaching by banks, in NJ foreclosures are so slow that it will take 49 years to clear out the current backlog. Click Here to read the Star Ledger article.

The NJ problem seems to be that homes are being abandoned as well, creating urban blight.
Let us add to the questions from last week ? Do we see the outcome of errors?

This entry was posted on Monday, March 19th, 2012 at 2:47 pm and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Source: http://www.cfcbe.com/2012/03/19/the-continuing-real-estate-saga/

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