Mortgage Defaults


Strategic Defaults - The Difference Between The Rich And “Other People”

Strategic Defaults - The Difference Between The Rich And

Million Dollar Home Owners Falling Off The Cliff
“I think you’ll find the only difference between the rich and other people is that the rich have more money” - Mary Colum
If the difference between the rich [...]

Depression In Commercial Real Estate Results In Bargains For Some

Depression In Commercial Real Estate Results In Bargains For Some

Depression Pricing As Empty Hotels Slash Rates
The recent era of easy lending was not confined to residential real estate.  Commercial real estate lending is the next big worry for a banking industry already beset by an avalanche [...]

Can The Unemployed Afford A Mortgage Payment?

Can The Unemployed Afford A Mortgage Payment?

Government Determined To Keep Unwilling Homeowners In Homes

The FDIC announced a new initiative to reduce foreclosures on home mortgage loans held by failed banks that were acquired by another institution.   This new FDIC program goes far beyond [...]