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More Than Half of Modified Loans Back in Default

Posted at San Diego Real Estate Market News by William Johnston
October 1st, 2009 3:41 pm
Tagged with: default, delinquent, loan, modification, payments, realestate, realtor
Loan modification doesn't work for every one. The same problems that caused borrowers to be behind in their original loan payments are often still there and essentially insoluble.
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Tips for Avoiding Foreclosure
Posted at Selling Northern NV by Joshua Talayka
September 15th, 2009 3:59 pm
Tagged with: chase international, default, foreclosure, foreclosure prevention, home retention, nevada, nv, real estate, reno, talayka
The Department of Housing and Urban Development has put out a list of Tips that can help you avoid Foreclosure.
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loft developer in default at 654 Broadway
Posted at Manhattan Loft Guy by Sandy Mattingly
September 15th, 2009 12:42 pm
Categorized in: loft neighborhoods / NoHo
Tagged with: broadway, default, new development, real deal, renovation, retail
Not a pretty story reported in The Real Deal (last Friday, on line) about a Manhattan loft developer default, CIT Group sues for $12M at Noho condo site. I don't have a lot of any experience running numbers on a development project, but this seems like it
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Phoenix Real Estate Blog: The ABCs of “Strategic” Mortgage Defaults
Posted at MyPhoenixMLS.com Blog by Bob Stahl
July 28th, 2009 12:44 pm
Tagged with: agent, arizona, default, foreclosure, mortgage, phoenix, real estate, real estate agent, realtor, strategic default
Last Friday I posted on the fact that 26% of all mortgage defaults are “strategic” -- where the homeowner can afford the mortgage but chooses to walk away, most often because of negative equity (when the homeowner owes more on the mortgage than the ho
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Phoenix Real Estate Blog: 26% of Mortgage Defaults Are “Strategic”
Posted at MyPhoenixMLS.com Blog by Bob Stahl
July 27th, 2009 12:59 pm
Tagged with: agent, arizona, default, foreclosure, mortgage, phoenix, real estate, real estate agent, realtor, short sale
It feels like I posted just yesterday on the topic of walking away from a mortgage, but I checked and it was in fact 2 weeks ago -- how time flies! Nevertheless, I’m not a fan of belaboring points, but this one just keeps rearing its head -- in the blo
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