By LUIGI ZINGALES Homeowners who walk away from their mortgages undermine our financial system. HULTON ARCHIVE/GETTY IMAGES Fortunately, debtors no longer face prison time, as they did in nineteenth-century London, but shouldn’t they...
By Nick Timiraos A new report estimates that nearly one in five mortgage defaults through the first half of 2009 were “strategic,” where borrowers who appeared to have the capacity to...
Fannie Mae is boosting penalties for strategic defaulters by prohibiting them from getting a mortgage, backed by the company, for seven years from foreclosure date. Washington-based Fannie Mae (NYSE: FNM) says...
This week we’ve put together a fairly comprehensive list of resources for you to check out. You can start using many of these immediately as they are free of charge....
The Top Real Estate Investing Blogs To put this list together, we looked at close to 200 different blogs from both real estate investing-related companies and individual real estate investors. Here are...
Cash is King, the time to buy distressed property is now! generic They past two years will inevitably go down as the most distressed real estate market in U.S history. Yes, worse...
Buy and Hold (waiting for the coming Housing Shortage) - The oldest, most tried and true method of real estate investing takes advantage of inflation, market appreciation and amortization. Fancy...
July 02, 2010, 12:46 PM EDT By Joshua Gallu July 2 (Bloomberg) -- The Securities and Exchange Commission sued a Utah man for falsely telling customers their $145 million would be invested...
By MARK WHITEHOUSE The recession has had a profound effect on migration patterns in the U.S., reversing the flow of people to former housing-boom states such as Florida and Nevada, the latest...
So Government mortgage giant Fannie Mae has just announced some interesting new mortgage underwriting guidelines in an April 14th bulletin to lenders. And among them is a tasty little tidbit...