NY Foreclosures Are Down 88% ( )
Started by pulaski
over 15 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"New York Foreclosures Are Down 88% Since Robo-Signing Gate" "On October 20 a New York judge ruled that foreclosures require a signature from bank's attorneys affirming that they have checked all paperwork. Since then weekly foreclosures have tumbled from 800 to 100" http://www.businessinsider.com/new-york-foreclosures-are-down-88-since-robo-signing-gate-2010-12#ixzz18fjb57dk
...and the future headline would be?
1. 'Banks give up on foreclosing homes in New York because of too much paperwork.'
OR
2. 'New York foreclosures are up 900% after banks fix their foreclosure process.'
the answer is 2, alex.