Delinquent Utility Bills And The Risk To Lenders

By Susan Portnoy, Karen Stephens, and Jessica Phoonphiphatana

Despite the fact that delinquency rates are falling, lenders are still losing properties due to unpaid property taxes and utility bills. There has been an increase in the number of properties getting to the more severe status of “pay delinquency immediately or lose the property.” Read More

 

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