Dec 25

Modified Mortgage Re-default rate improves in 2nd Half of 2009.

The number of modified mortgages that go into re-default is improving. Those with conventional mortgages are fairing the best and not surprisingly those with sub prime mortgages are in the worst position.
Dec 25

Over 14% of defaults in Idaho were considered stratigic in 2008. What will they be in 2009?

According to Experian and consulting firm Oliver Wyman 14.24% off all mortgage defaults in Idaho in 2008 were strategic. This means the borrower could have paid but choose not to. This is up nearly double what it was in 2008 (7.71%). What is your thought on what it will be in 2009? I'm guessing 20%.
Dec 25

December 2009 NAR Market Update - National

A good overview of the real estate market in 2009 with historical perspectives.
Dec 19

Is Walking Away From Your Mortgage Immoral?

The plunge in home prices is presenting millions of Americans with a moral and financial dilemma: Should they keep paying their mortgages?
Dec 18

Morgan Stanley gives properties back to the bank.

This is just too good. Morgan Stanly is giving properties back to their lender. You know why? They are not worth what they paid for them.
1 2 3 4 5 ... 16 | Next