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Banks Face Two-Front War on Bad Mortgages, 4-Banks Face Two-Front War on Bad Mortgages, Foreclosures, Bloomberg Excerpt: Shoddy mortgage lending has led bankers into a two-front war, pitting them against U.S. homeowners challenging the right to foreclose and mortgage-bond investors demanding refunds that could approach $200 billion.

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With laws that make foreclosures almost impossible and a financial sector stuffed. Apr 2, 2013. Trump's Trade War With China Is Already Changing the world.. short version: Irish banks own a ton of bad mortgage assets.. its European rescuers would have to admit they face more risk than they knew.

Nearly 80% of all waste on our land and in our oceans now consists of plastic debris. BANKS FACE TWO-FRONT WAR ON BAD MORTGAGES, FORECLOSURES ‘kafkaesque’ nightmares plague homeowners facing foreclosure. william and wife Ann Allen in front of the home where they raised six children. It got pretty bad..

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Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclose on people’s homes, Federal Reserve Chairman Ben Bernanke said.

The plan announced by President Bush Thursday to freeze interest rates on some subprime mortgage loans will do nothing to stave off foreclosure. of enabling the banks and investment houses to delay.