BY: CARRIE BAY 5/4/2011 | dsnews.com The FDIC released a special foreclosure edition of itsSupervisory Insights journal series Wednesday. The FDIC says the report highlights “lessons learned” from the interagency review of processes and procedures...
I'm no expert about lending, loans, credit scores and credit repairs. But, I have been around conducting business for years. The fact that you have foreclosured, been late on payments, short-sale or anything similar WILL...
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...
Many investor have this concern. As an Investor I believe there are always options available for us. Here are some things that can be done: One assumption, some cash (probably several thousands at least) will...