[VIDEO] Your foreclosure nightmare may not be over

Categorized | STOP FORECLOSURE FRAUD

[VIDEO] Your foreclosure nightmare may not be over

[VIDEO] Your foreclosure nightmare may not be over

ALJAZEERA

Since the recession, over 4 million people have made the difficult decision to give up their homes, believing they were walking away from their debt. Lenders hit with more than $1 trillion of foreclosed loans are looking to recoup some of their losses through a legal process known as deficiency judgment, in which borrowers may be liable for the difference between the foreclosure sale proceeds and the mortgage balance.

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