Tag Archives: foreclosure

Extend and Pretend is still in full effect…..

The wall street journal recently published an article about the banks policies concerning loans for commercial properties that have come due and now cannot be refinanced.   The title of the article is….

To Fix Sour Property Deals, Lenders ‘Extend and Pretend’

You can find a link to the article by clicking the following link.

http://online.wsj.com/article/SB10001424052748704764404575286882690834088.html?mod=WSJ_Commercial_LEFTTopNews

Continue reading Extend and Pretend is still in full effect…..