Sunday, July 21, 2013

Capital Markets Recognize the Threat Posed By FRACKING

The newest story on property value and fracking: banks aren't willing to take the risk. http://bit.ly/19bHTxp

Brian Smith lives in Daisytown, PA and was denied a new mortgage by three lenders because of a neighbor's gas well.

Quicken Loans said they are "unable to extend financing due to the unknown future marketability of the property."

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