dtod.wordpress.com - 10/18/2009
—
It is happening more and more every day. In some areas of the country it is the rule not the exception. This trend will get larger and larger, creating a real dilemma for everyone involved, as it is unclear what happens next and what to do about this situation. It is like the groom not ...
More Evidence of the "Foreclosure Backlog"
calculatedriskblog.com 7/8/2009 — From Peter Hong at the LA Times: L.A. County's May default rate double last year May's 9.5% [seriously] delinquency rate [more than 90 days] for L.A. County was up from 5% of mortgages ... in May 2008 [First American CoreLogic reported today]. ... ...
Get your foreclosure now - Aug. 5, 2009
money.cnn.com 8/6/2009 — NEW YORK (CNNMoney.com) -- You've heard of speed dating? It's got nothin' on foreclosure buying these days. In many places, anyone who wants to buy a foreclosure better act fast, or they're going to come away with bupkus. REOs, the industry term for ...
I Am Facing Foreclosure
iamfacingforeclosure.com 10/2/2009 — IAFF was designed for homeowners to access information and educate themselves about foreclosure and other financial challenges during these difficult economic times. We have researched different subjects, aligned ourselves with the industry’s best ...
Foreclosure is the ‘cure’
mortgage.freedomblogging.com 6/10/2009 — Should tax dollars be spent helping people avoid losing their home to a bank?
A study I blogged on last week found borrowers who lost their home to foreclosure in November 2006, 2007 and 2008 often had cashed-out all their equity. The data for the ...
How To Avoid Foreclosure
livingoffdividends.com 5/31/2009 — You must have read the recent post about the New York Times economics reporter who is facing foreclosure himself. Edmund Andrews covered the US economy and Alan Greenspan for over six years, but despite his financial accumen still got suckered into a ...
Treasury to Announce New Program to Avoid Foreclosure
housingwire.com 10/13/2009 — The United States Department of the Treasury is launching, with an official announcement expected next week, a new program to help ailing borrowers escape foreclosure. The Chief of the Homeowner Preservation Office at the Treasury, Laurie Maggiano, ...
Zero Down Is a Foreclosure Factor (Duh)
ritholtz.com 7/3/2009 — There is a kind of weird OpEd in today’s WSJ by Stan Liebowitz. The professor makes the incredible discovery that zero down payments, 100% LTV financings tend to slide in great numbers into foreclosure:
“What is really behind the ...