Many websites promote foreclosure cleaning businesses as a profitable and growing industry. Bay Area junk removal companies and real estate agents, however, fail to see the trend.
Frustrated with bank practices, Most Holy Trinity Church closed its account with Bank of America and moved to a local credit union. It is one of many churches to follow this trend. View the video.
In response to numerous foreclosures in his parish, a priest known as “Father Eddie” persuaded his church to divest $3 million from Bank of America and move the money to a credit union.
Credit unions across the country took advantage of Saturday’s “Bank Transfer Day,” a Facebook-fueled movement that encouraged individuals to switch their accounts away from big banks.
The housing crisis continues to hit San Mateo County, with notices of default and foreclosures sharply rising in the month of September and drawing crowds to a Menlo Park foreclosure prevention fair.