What do foreclosure and bankruptcy have in common? This one-of-a-kind Sunnymead Ranch home is in foreclosure. It’s owned by the Bank of New York whose ticker symbol is BK, which is short for bankruptcy.
You think foreclosures are a problem in Moreno Valley? Well, try this one on for size: the Bank of New York is in the middle of a $22.5-billion dollar lawsuit with the Russian Federation!