Find listings of Indiana Foreclosures for Sale. Our Bank Foreclosures for Sale help you locate the best Indiana Bank Foreclosure Listings. You can find all related information about Indiana repo homes, foreclosure homes and bank repo homes.
Fannie Mae had assured a Senate panel that it would do its level best to resolve the foreclosure problem by trying to keep the homeowners in their homes. But secret papers salvaged by Detroit Free Press shows the contrary –Fannie Mae is secretly instructing banks to do the opposite and go ahead with foreclosures.
Even before the downturn the condition of children has been bad in Indiana but with the onset of the foreclosure crisis it has worsened. The families have lost their houses and jobs. It is the children that are paying the price. It is evident from reports rolling in. What is required is help and awareness on a large scale.
Former Alderman Edward Vrdolyak has been trying to save law firm officers from foreclosure even while serving a ten month prison term in Indiana; he will be released in the middle of November. The charge pertains to a loan he took from First Suburban National Bank. The latter has been shut down by regulators.
The courts are in a crisis mood with innumerable cases of fraud in foreclosure filings surfacing and a mega foreclosure mill dumping thousands of cases running in the courts. Law professors opine that priority should be on justice rather than on speedy disposal of cases. Initially the judges never questioned the credibility of banks.
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