Great News, you can now use the Parallel Foreclosure Blog to keep track of several Chase Bank Watchdog Blogs, plus other blogs that carry info about parallel foreclosures.
The Parallel Foreclosure Blog will list easy to find links to several other Watchdog blogs. By simply bookmarking the Parallel Foreclosure Blog, you can maintain easy access to several other home modification banking watchdog blogs, plus chase bank watchdog blogs.
Parallel Foreclosure is a phrase that sounds sophisticated, but has potentially life changing consequences for those who get swept up in its path. Banking institutions can honestly look you in the eye and attempt to help you re modify your home loan even while a different banking division within that same bank is filing all the necessary paperwork to foreclose on your home!
But it is even worse than that. In some states banks can then actually get ARMED law enforcement officers to show up and evict a homeowner based on the word of the bank and with no judicial involvement of any kind!
As of December, 2009, there are 10,000 foreclosures every day in the United States, wow!
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