Found this on Naked Capitalism site. Ives Smith says “warning, this is done by a middle-aged white woman, so adjust your expectations accordingly.” she goes on to say that “many borrowers were told to go delinquent in order to qualify for a modification, fail to get the mod, and lose their homes.”
Content
It's an ongoing learning experience
File: Real Estate
investment property, chapter 13 bankruptcy, an option to strategic default
on loan modification programs, refi program, strategic default, shadow inventory
creative ideas to handle the housing crisis
hashing out Leonhardt’s Bears and Housing article
real estate viewpoint from 2007
More on Palm Beach County real estate
Palm Beach County saw a 21.29 percent drop in the number of foreclosures from May 2009.
2010-06-08 ::
Christine //
Palm Beach + Real Estate
Interesting June for real estate in South Florida – and this is only June 8
Interesting June for real estate in South Florida – and this is only June 8
Real Estate, week one, June 2010