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O anyone got any info ON BANK FORECLOSURES HERE IN DR ?
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07-31-2012, 02:40 PM
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PoideAdelereX
Join Date
Oct 2005
Posts
314
Senior Member
We went through these foreclosures many years ago with the failures of the Yunen bank (Caribe something or other), Almonte's bank, major shakeups. Then came BanInter where the magician Ramon Baez made 77 billion disappear....Others like Banco Mercantil, Banco Credito and a couple of others also folded.
Right now we have Popular, Scotia, Leon, Progreso and a couple of others.
FYI:
Mortgages have been around for over 40 years.
..I wonder where the above poster got his information...I bought two houses with mortgages!! Geez!
HB
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