More financially stressed homeowners in Mass. and across the US are getting mortgage loan modifications that cut their payments enough to keep them from falling into foreclosure.
Search results for default
Mortgage aid helps more hold off default
Posted by mortgage 37 days ago (Editorial)
Baron and Budd Expands Its Investigation of Potentially Unlawful Mortgage Default Fees
Posted by mortgage 90 days ago (Editorial)
Baron and Budd is expanding its investigation concerning potentially excessive mortgage default fees to other major financial institutions, including Citigroup , Ally/GMAC, American Home Mortgage Servicing and Ocwen Loan Servicing.
Europe's ticking time bomb: Credit default swaps
Posted by mortgage 140 days ago (Editorial)
Warren Buffett once famously described credit default swaps as "financial weapons of mass destruction." Now these complex insurance policies are once again posing a menace to America's too-big-to-fail banks. The last time around, CDS on U.S. subprime mortgage bonds nearly brought down insurer AIG (AIG), requiring an $85 billion bailout from the U.S. Treasury. This time, the problem is European ..
Europe's ticking bomb: Credit default swaps
Posted by mortgage 140 days ago (Editorial)
Warren Buffett once famously described credit default swaps as "financial weapons of mass destruction." Now these complex insurance policies are once again posing a menace to America's too-big-to-fail banks. The last time around, CDS on U.S. subprime mortgage bonds nearly brought down insurer AIG (AIG), requiring an $85 billion bailout from the U.S. Treasury. This time, the problem is European ..
Ticking time bomb: Credit default swaps
Posted by mortgage 140 days ago (Editorial)
Warren Buffett once famously described credit default swaps as "financial weapons of mass destruction." Now these complex insurance policies are once again posing a menace to America's too-big-to-fail banks. The last time around, CDS on U.S. subprime mortgage bonds nearly brought down insurer AIG (AIG), requiring an $85 billion bailout from the U.S. Treasury. This time, the problem is European ..
So When Should You Default on Your Mortgage?
Posted by mortgage 159 days ago (Editorial)
I think the people that I am arguing with about "strategic mortgage default" are probably closer to my position than they think they are.
Jumbo mortgage holders pose highest risk of strategic default
Posted by mortgage 192 days ago (Editorial)
A high number of jumbo mortgage owners ? many located in high-cost markets hit by real estate deflation over the last several years ? are stuck with persistent negative equity, a study shows. Do you have a big mortgage and good credit scores but not much equity ? maybe you're even underwater? Do you see little chance that your home's market value will improve a lot during the coming three to ...
Emerging public health crisis linked to mortgage default and foreclosure
Posted by mortgage 215 days ago (Editorial)
Researchers warn of a looming health crisis in the wake of rising mortgage delinquencies and home foreclosures. The study is the first long-term survey of the impact the current housing crisis is having on older Americans. The study focused on adults over 50 and found high rates of depression among those behind in their mortgage payments and a higher likelihood of making unhealthy financial ...
Mortgage How to Get is an informational resource about mortgage news and information.