The Home Equity Theft Reporter: Foreclosure Environment “A Total Mess” As Loan Servicers Fail To Address Allegations Of Sloppiness, Fraud

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California Free Press: Banking – willblogforfood.typepad.com – And with the banks accounting for 77% of purchases out of foreclosure sales (and foreclosure sales representing 20% to 30% of all sales in these counties), the bank activity can influence appraisals, particularly since one might expect foreclosure sales to be concentrated in certain neighborhoods. And it’s even great enough at 15% to 23% of all sales to move overall price averages and trends.

Miam-Dade County resident files class action suit against Service 1st Mortgage for unpaid wages

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