Hat tip to Blue Streak for sending this along, though the MSM should figure out that the banks aren't "choked". There are plenty of homes ready to be foreclosed that are deliberately being postponed for months and years. Is anyone surprised that the national average...
NEW YORK (CNNMoney.com) -- Pressure is mounting on loan servicers and investors to reduce troubled homeowners' loan balances...but the two largest owners of mortgages aren't getting the message. Fannie Mae and Freddie Mac, which are controlled by the federal...
Zach Fox keeps stirring the pot - where did he learn that? From his SNL blog: On the crucial question of whether underwater borrowers will continue to pay their mortgages or walk away, Luigi Zingales, a professor of finance at the University of Chicago Booth School of...
The company 'You Walk Away' is in the same Carlsbad office building as Klinge Realty. They used to have the prime first-floor office that was probably a few thousand square feet, but they have since vacated for a much smaller space. .
I hate these general nationwide articles, but the graph was pretty - plus I figure that Ronald McMansion was biting his tongue on this one, from WSJ.com: http://online.wsj.com/article/SB125530360128479161.html An excerpt: Foreclosures are rising in more expensive...
