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Equity stripping, also known as equity skimming, is a type of foreclosure rescue scheme.Often considered a form of predatory lending, equity stripping became increasingly widespread in the early 2000s.
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Sturgeon Bay is a city in and the county seat of Door County, Wisconsin, United States. [3] The population was 9,646 at the 2020 census.Located at the bay of Sturgeon Bay for which it is named, it is the most-populous city on the Door Peninsula, a popular Upper Midwest vacation destination.
Door County is the easternmost county in the U.S. state of Wisconsin.As of the 2020 census, the population was 30,066. [2] Its county seat is Sturgeon Bay. [3]It is named after the strait between the Door Peninsula and Washington Island.
Anthony Gonzalez, 59, Sturgeon Bay, is facing eight charges related to the Feb. 22, 2022, fire, which burned down the 117-year-old building that contained Butch's Bar and 20 apartments on the ...
Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout ...
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