How the fracking mess is about to make the mortgage mess worse
Syndicated from Energy Bulletin on Sun, 2012-05-20
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<p>One fact ought to tell you all you need to know about the risks faced by homeowners signing leases for natural gas drilling on their property: Wells Fargo & Company, both the largest home mortgage lender in the United States and a major lender to the country's second largest producer of natural gas, Chesapeake Energy Corp., refuses to make home loans for properties encumbered with natural gas drilling leases.</p>
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