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Systemic Fraud?


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2016 Aug 21, 10:52am   1,143 views  0 comments

by Entitlemented   ➕follow (0)   💰tip   ignore  

Was looking at foreclosure in Westlake:

http://www.zillow.com/homes/make_me_move/16492037_zpid/34.15967,-118.819735,34.136087,-118.855913_rect/14_zm/1_fr/

Several of the other loans around it are similar:

1. Many had loans from US bank in 2006 timeframe (cashouts) for ~ $650-$680K. Why same bank cluster?

2. Timing for the new foreclosure listings are very similar.

Is it a good time to buy a new home?

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