underwater mortgages

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Latest blogosphere posts tagged “underwater mortgages”

  • Almost 1 In 4 Mortgages Now Underwater


    Boom2Bust.comAuthority Authority: 542
    While I was driving back and forth all over the Chicagoland area today, the local radio stations were talking about rising home prices, increased home sales, and the beginning (even continuation) of a housing recovery. Some people must be buying into this sentiment (or at least, fantasizing they were re-living the ...
    3 days ago
  • Intergalactic...


    THE SONIC ASSAULT!!!.....STEADY BOMBARDMENT!!!!Authority Authority: 127
    Intergalactic....but not acting irrational..just got back from the International Space Station... spacewalking ...making planetary invasions just like Midnight Star. Back with it! rolling on the Mothership AKA The Toyota Camry..earthlings tried to raise the bar . Back with it! as I hear of wars and rumors of wars ...
    4 days ago
  • Under Water Mortgages & Strategic Defaults


    City Lakes Real Estate BlogAuthority Authority: 139
    Future Foreclosures?1 in 4 Borrowers Under Water--Headline, The Wall Street Journal (11/24/09)In truth, this isnt just a headline in todays Journal; its THE headline.As the accompanying story spells out, even the startling, 1-in-4 statistic understates things: in Nevada, Arizona, and Florida, the corresponding ...
    4 days ago
  • I Felt The Pressure...


    THE SONIC ASSAULT!!!.....STEADY BOMBARDMENT!!!!Authority Authority: 127
    It goes all the way down to the last minute ...but in it to win it..I Felt The Pressure..itll take a miracle like Niecy. Knocked down! but got back up ...life is like that..of course itll be a bit messy . Rocked the sound.. mixes are chaotic ...a hot mess! just like this life is. So rough! so tough! just like ...
    6 days ago
  • Rick Sharga, Cont.


    City Lakes Real Estate BlogAuthority Authority: 139
    Watching "Strategic Defaults"A couple other points from Rick Shargas excellent presentation yesterday, including a much-needed "silver lining":--The "X" factor in everyones foreclosure projections is what happens with "strategic defaults."Typically, people dont pay their mortgages because they cant. A strategic ...
    1 week ago
  • Et Tu, FHA?


    City Lakes Real Estate BlogAuthority Authority: 139
    Hemorrhaging at FHAFHA runs low on cash, fueling bailout concerns.--Headline, The Boston Globe (11/13/09)Here we go again.First come the rumors of funny accounting and huge, buried losses.Then come the vehement denials from company executives.Finally, the truth comes out: the critics are vindicated, the losses are ...
    2 weeks ago

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