Thu, May 23, 2013, 11:04 AM EDT - U.S. Markets close in 4 hrs 56 mins
News reports indicate that Fidelity caved in to competitive pressure and will not require lender guarantees of foreclosures, instead relying on the banks' "new and improved" procedures."Trust me" has never been a good business model in real estate. Better hope their risk assessment is right.“Although competition was a factor, we wouldn’t take undue risk for competitive reasons....We feel comfortable with the new process.” Just my opinion
http://www.entitledirect.com/The end is near.