Banks foreclose on delinquent mortgages from '07 in '08 - IdahoStatesman.com

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Banks foreclose on delinquent mortgages from '07 in '08

Thursday, May 15, 2008 --- 71 days ago

http://feeds.feedburner.com/~r/IdahostatesmancomBusiness/~3/290704793/381602.htm

The first quarter explosion in notices of default notices was the result of bankers who waited until 2008 to start proceedings in order to buy more time to liquidate their growing portfolio of foreclosed homes. ...

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