Tag Archives: deficiency judgments

Strategic defaulters beware: banks coming after those with deficiency judgments

Well this is interesting. Although we’ve been hearing over the last couple of years that lenders are too swamped with defaults to consider pursuing borrowers who can’t re-pay the mortgages, that is now changing. Continue reading

Posted in Banking and Finance, Best Of The Storm, Everything About Foreclosures | Tagged CNN.com, deficiency judgments, mortgage defaults, Short Sales, strategic mortgage defaults | 1 Comment