Bank of America is releasing more foreclosed home


First of all BOA is keeping secret about all the foreclosed homes, and releasing it slowly to avoid panic in the market and also to get the maximum value. It is good for the business, but bad for homeowners, as this is not helping the homeowners. It is like releasing slow pain killers. BOA should release all the home, and let these tremors hit the market. Once the lenders would face the dilemma, along with the Fed, they would come up with something more tangible plan to address the miseries of homeowners in Nevada.

http://www.lvrj.com/business/bank-of-america-to-release-homes-81453352.html

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