Romney Profited From Mortgage Foreclosures in Florida

A foreclosure action is a legal process in which a lender, whether a bank, credit union, commercial lender or private financier repossesses a property after the buyer/borrower has defaulted on the terms of the mortgage loan. In general, a foreclosure action can be initiated after the buyer/borrower has missed two to.

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ThinkProgress reported Wednesday that former Massachusetts Gov. Mitt Romney (R) has profited from thousands of Florida foreclosures through a Goldman Sachs investment fund. Former House Speaker Newt Gingrich (R) blasted Romney on the trail today for those investments, and re-upped those attacks in tonight’s CNN debate.

EXCLUSIVE: Romney Profited From Mortgage Lenders Foreclosing On Thousands Of Floridians. Romney’s form says he has invested between $1,000,001 and $5,000,000 in the fund and his wife Ann has invested an additional $1 million-plus. Since the 2008 economic meltdown and the enactment of the Troubled Asset Relief Fund, this fund has done quite well, growing 7.88 percent between April 2010 and March 2011.

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ORMOND BEACH, Fla., – Less than 24 hours after his disappointing showing in the South Carolina primary, Mitt Romney took his campaign fight to Florida, linking the mortgage foreclosure crisis here -.

ThinkProgress reported Wednesday that former Massachusetts Gov. Mitt Romney (R) has profited from thousands of Florida foreclosures through a Goldman Sachs investment fund. Former House Speaker Newt.

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Wholesaling Real Estate with delinquent taxes Republican presidential candidate Mitt Romney has recently staked out positions on foreclosures that experts say are remarkably similar to policies already in place under the Obama administration.