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Making Sure Wrong Home Isn't Seized.
- Source :
- American Banker; 3/9/2010, Vol. 175 Issue 36, p1-11, 2p, 1 Color Photograph
- Publication Year :
- 2010
-
Abstract
- The article presents a discussion of the problems which can arise when banks foreclose on the wrong home by mistake. Such instances are said to be quite rare, but the enormous volume of foreclosures stemming from the global financial crisis which began in 2008 has led to an increase. This can produce serious public relations problems and legal liabilities for the banks involved.
Details
- Language :
- English
- ISSN :
- 00027561
- Volume :
- 175
- Issue :
- 36
- Database :
- Complementary Index
- Journal :
- American Banker
- Publication Type :
- Periodical
- Accession number :
- 48492524