1. Bank Errors and the Housing Crisis
... to have, but overall, I don't know if it really helped all that much. The banks are only lowering rates by 2-3 percent, At the Cerritos Library, some statistics about home foreclosures from the Library Database were available. This August, The banks took back more homes than they did in any other month since the mortgage crisis started. Last month, in total, 95,364 properties/homes were foreclosed in ... the U.S. since 2007; 2.3 million homes have been foreclosed. The whole recession of foreclosures began in December, 2007, according to RealtyTrac-a large firm. In an unnamed article by ...
- Word Count: 2506
- Approx Pages: 10
- Grade Level: High School