1 Articles match "Dec","Magazine","Properties"
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Bush Foreclosure Solution Just Adds Water
Even when buyers knew they wouldn’t be able to afford their mortgage when their rate adjusted, they figured that they could just refinance into a better mortgage – and that would be easy since property values were appreciating 50% or more each year. According to a recent article in the online magazine Knowledge@W. Carey, “almost It wasn’t very long ago that President George W. Bush came out with a public policy statement negating any possibility of either a homeowner, or a lender bailout, given the impact the current mortgage crisis is having on the nation’s housing economy.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Bush Foreclosure Solution Just Adds Water
Even when buyers knew they wouldn’t be able to afford their mortgage when their rate adjusted, they figured that they could just refinance into a better mortgage – and that would be easy since property values were appreciating 50% or more each year. According to a recent article in the online magazine Knowledge@W. Carey, “almost It wasn’t very long ago that President George W. Bush came out with a public policy statement negating any possibility of either a homeowner, or a lender bailout, given the impact the current mortgage crisis is having on the nation’s housing economy.
www.foreclosurepulse.com
- Tuesday, December 16, 2008