Government Fraudsters are at it again By TBWS Daily

This is going to be a short post today friends.   I am appalled at what is coming out about the mortgage melt down.   Have a look at what was released by the associated press today.   Brian Stevens and Frank Gray are mortgage experts and have been following the scandal that has rocked this country.   Have a look and post any comments below.

Banks are holding back foreclosure properties.

Investors and home buyers beware.

Banks are up to the same old tricks.  This time they are holding on to properties and creating a shortage of inventory to boost up prices.   The problem with this strategy is that it creates a temporary bubble that will only extend the current market recovery.

Just drive around areas and you will see vacant homes that a deteriorating by neglect.   The FDIC needs to step in and stop this before we find ourselves doing this for 20 years.   The banks and laws created this mess, it's time for them to step up and be responsible for their lack of common sense that created this crisis.

This market recovery will not end until all foreclosure inventory has been off the banks books for at least a year.