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Loan Modification

: Loan Modification & Home Loan News

Banks as Tax Men: The Big Business Wall Street Won?t Discuss

By Moe Bedard

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HuffPostFund Video – Wall Street titans have a new sweet spot — as surrogate tax collectors. They see profits in tacking on fees and threatening to foreclose when homeowners fall behind on property taxes. Nearly a dozen major banks and hedge funds, anticipating quick profits from homeowners who fall behind on property taxes, are quietly [...]

Full post as published by Loan Modification & Home Loan News on October 18, 2010 (boomark / email).

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