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Tag Archives: crisis
1 IN 5 HOMES ARE PLAGUED WITH UNDERWATER MORTGAGES | MORTGAGE NEWS
Fewer Americans are strategically defaulting on their mortgage loans, foreclosure rates continue to increase with RealtyTrac reporting a first-quarter foreclosure rate of 1.65 million. Analysts project that the number of mortgage defaults, repossessions and scheduled auctions are likely to reach 3 million by the end of the year . Read the original article online > 20 % of US Mortgage Loans Under-Water.
Posted in Mortgage Also tagged 20 year mortgage, article-online, crisis-news, foreclosure, loans, mortgage news, number, realty, the-end, the-number, water-filed Leave a comment
UNDERWATER AND THE STRATEGIC DEFAULT PR CAMPAIGN, 3: WHAT WE GOT …
A year ago a week from today I discussed the financial innovation that wasn't. It was a look at Lewis Ranieri, the creator of the mortgage backed security, as well as one of the minds behind the 1984 Secondary Mortgage Market ....
Posted in Google Mortgage news, Mortgage Also tagged afford-their, backed-security, crisis-rather, financial, market-clearing, marketplace, Mortgage, mortgage news, rates, the-new, three-or-five, vender-take Leave a comment
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