Posts Tagged ‘ MORTGAGES ’

Mortgage Securities, Strategic Defaults, and Breakdown of the Housing Market

If lenders can no longer foreclose on properties, how many millions of other mortgage-holders will decide to stop making their monthly payments?

Read more »






Obama Mitigating Mortgage Foreclosures?

2009-02-17
By

Obama announced that between $50 billion and $100 billion will be spent on making mortgage payments affordable, as part of the giant gamble he and Congress are making, under the title of “stimulus.” No help will be provided for those who made rational decisions on purchases, but ample support will be provided to those...

Read more »






Search