(WSJ) Housing Pain Pits Neighbor Against Neighbor in Florida

The storm that struck the housing market has strewn many casualties””lenders, builders, real-estate agents, mortgage-bond investors.

Add to the list the comity of certain communities where residents live close together, some of them paying their mortgages and homeowner-association fees, and some not.

As banks slow foreclosures amid concerns about sloppy record keeping, some delinquent homeowners get to stay put even longer without paying. The delays are further inflaming some neighbors who consider that unfair.

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