Foreclosure fallout spreads
When sound-minded adults sign over their home equity to a charismatic promoter who promises fantastic returns, who should care if the deal doesn’t pan out as they expected?

When sound-minded adults sign over their home equity to a charismatic promoter who promises fantastic returns, who should care if the deal doesn’t pan out as they expected?
It takes discipline, planning to save a house FOR SOME, THERE’S NO WORSE FATE THAN losing a home to foreclosure.
The irony of Countrywide Finances decision to tap an emergency credit line of $11.5 billion on Aug. 16 to stay afloat could have hit Shari Richardson hard.
After the collapse of subprime mortgages, the victims of foreclosures are becoming easy targets for the unscrupulous.
Foreclosure proceedings have been initiated on about 100 Greenwich properties so far this year, 35 percent more than in all of last year, according to figures from RealtyTrac, an Irvine, Calif.-based company that maintains a national database of foreclosure information.
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