Lenders have been hit with non-repayment of the mortgage loans they made. Their money is out there and they need to get it back, a short is often the answer.
Companies that Buy Houses – Goose Creek SC: So many people were able to buy houses in the last decade that can no longer keep up that there had to be solution for the lenders. Job losses, the economic climate, illness, divorce, reset interest rates that raise the mortgage payment, and more have created an atmosphere of home loss. It is an epidemic if you were to compare it to public illness.
