Sentences with phrase «plagued by foreclosures»

Not exact matches

Patterson had been plagued by industrial decline and was hard hit by housing foreclosures during the recession.

«During the recession, a lot of associations were really hurting, especially in Florida, California, and Las Vegas,» says Frank Rathbun, a spokesperson for CAI, noting that associations were plagued by solvency issues caused by underwater and financially strapped residents entering foreclosure or failing to pay HOA fees.

Well - known investor Warren Buffett is investing $ 5 billion into Bank of America, which in recent months has been plagued by legal trouble over its foreclosure practices and has seen its stock values plunge.